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Sewanou Group
In this Group: Taïwo Lucie, Charlotte, Justine Ablawa
The SEWANOU group comprises three people who have known each other since childhood. The group representative, named Taïwo Lucie, is the lady with her hand raised in the photograph. This is the second time the group is seeking the financial assistance of ALIDé in order to increase the scale of their business. Taïwo Lucie is 36 years old and is married to a man named Pascal. They have three children, all in school and living at home. For seven years, Taïwo Lucie has been preparing food (lamb sauce etc) in a restaurant in Benin; an activity which allows her to meet the living expenses of her children. Taïwo Lucie buys her products in Benin.
With the goal of increasing the scale of her activity, and to better meet the needs of her customers, Taïwo Lucie is seeking a second loan from ALIDé, together with the other members of the SEWANOU group.
The previous loan has been fully repaid.
View original language description ↓
Le groupe SEWANOU est formé de trois personnes qui se connaissent depuis leur enfance. La représentante de ce groupe, nommée Taïwo Lucie, est celle dont la main est levée sur la photo. C’est la deuxième fois que ce groupe sollicite l’appui financier d’ALIDé en vue d’élever le niveau de leur activité. Taïwo Lucie est âgée de 36 ans et est mariée à un certain Pascal. Le couple a trois enfants, tous scolarisés et à leur charge. Taïwo Lucie a arrêté l’école au niveau secondaire. Il y a sept ans, Taïwo Lucie prépare de la nourriture (sauce de mouton, etc.) dans un restaurant du Bénin ; ce qui lui permet de subvenir aux besoins de ses enfants. Taïwo Lucie achète ses produits au Bénin. Dans le but de rehausser le niveau de son activité et de mieux répondre à la demande de sa clientèle, Taïwo Lucie désire obtenir un deuxième crédit auprès de ALIDé, ensemble avec les autres membres du groupe SEWANOU. Le crédit précédent a été bien remboursé.

Additional Information

About Alidé

Alidé is a Beninese NGO that works to reduce poverty by offering sustainable access to productive loans like this one in addition to savings, training sessions, and social work to low-income families.

Supporters of this loan should be aware that there is some risk of being repaid late. Because the Beninois Ministry of Finance has imposed restrictions on the amount of money Alidé can send to Kiva, the organization can only send monthly repayments in installments smaller than $13,000. This means that some Kiva lenders may receive their repayments late. However, Alidé remains a healthy institution in good standing with its creditors, and Kiva would like to continue working to support its clients. For more information, please refer to Alidé's partner profile page.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 505.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sewanou Group's $825 loan helped a member to buy some condiments for sauce and some young goats.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 28, 2011
Dec 19, 2011
Currency Exchange Loss:
Nov 15, 2012