Senfinance
Mr Idrissa Ben SENE
Marcory rambalis résidence ASSOCA
1er étage, appt 12
01 BP 2556 Abidjan 01
Côte d'Ivoire
Tel : +225 01 41 88 20
Fax : +225 21 35 56 34
Email : senfinance.senfinance@yahoo.frpe.senfinance@yahoo.fr, idrissabensene@0rg.fr
Web: www.senfinance.0rg.fr

Bureau Exécutif
Mr Idrissa Ben SENE
via Sicilia 4
IT - 25125 Brescia,
Italie
Tel: +39 03 206286694
Tel - Fax:+39 03 54495532

Update: June 2007


Background

Senfinance International member of the group Access Finance is an institution of international solidarity, created in April 2005 by group ITC consulting based with Bergamo (Milan) (Italy) with a representation in Abidjan for West Africa.

Objectives and mission

Senfinance International is a structure specialized in the support, financier and technique, with structures of saving and credit. It supports the institutions and accelerates their growth in their providing average policies enabling them to reinforce their capacities of social and economic intervention with for objective promoting perennial economic initiatives and supporting the installation of an economic and social fabric, durable factor of development. To provide a technical aid, the council, formation with the actors of the microfinance. To guarantee profitability and the ethics in the development of the I.M.F. To become a financial group by the means of resources diversified and durable by supporting the access to the financial services of the poorest populations.

Partners

Senfinance International works with microfinance institutions, among which the banks of micro credit, the co-operatives, the mutual insurance companies, Non Governmental Organizations (NGO) and decentralized financing structures (SFD), with the private sector (interdependent Insurances, banks, institutions of financing), of the international organizations in order to accelerate the development of the microfinance sector. They all meet the needs for financing of small contractors, carrying projects economically viable, but excluded from the traditional banking circuits, fault of guarantee and own resources.
Senfinance has today an executive committee of 9 professionals. This office is added the assistance of 12 specific consultants with specific competences which have a good knowledge of the ground and 26 volunteers in the whole of the countries of zone UEMOA, that is to say a total of 47 professionals working with the service of the structure.

Senfinance is given for mission of contributing to the resolution of the problems of under development in West Africa and developing country while placing at the disposal of the Country and Socio-professional Organizations, the private individuals, the companies, the Nongovernmental Organizations and the Governments, the Services: of support of council of search for financing of social framing. Within this framework, the vision of Senfinance is obtaining, by the applicant of services, statutory and economic income observable for each stage of the intervention. With this intention, the strategy of our structure is to accompany the applicant by services in the whole of its choices in the medium and long term, concerning the concrete objectives of the programs, the policies and the action plans.

Objectives

  • To carry out actions within the framework of the microfinance and for the local development of the structures of microfinance of under area.
  • To support the Country and Socio-professional Organizations, the Nongovernmental companies, Organizations, the Governments and the private individuals, in the identification and planning of activities and adapted services and in the installation of powerful systems of management.
  • To help the institutions in the implementation of plans and training schemes.
  • To carry out Research-action on the abstract activities of credit in rural and urban medium, and on decentralization.
  • To reinforce the capacities of durable policy of development (environment)

Modes of intervention

  • acquisition of a holding in the capital direct and indirect
  • financing
  • guarantees
  • negotiation of financing and complementary resources near international institutions of north.
  • equipment and creation of guarantee funds
  • Technical aid and reinforcement of the operational capacities of the partners institutional follow-up (participation in the authorities of decision and orientation)
  • support-council in organization (making of data-processing technique, management tools .formation of the personnel)
  • support the management of the activities (financial services of saving and credit, support of micro the contractors)
  • Seek for the development of the financial and technical partnership
  • production of tools of analysis and decision-making aid
  • capitalization
  • production of management tools data-processing

Financial resources

  • incomes of interdependent Placement in the capital
  • financings negotiated near the financial backers and private organizations of development,
  • incomes of its financial wallet.
  • gifts and legacy

Key figures

Structure assisted by Senfinance International

Volume of transaction in million / CFA

Direct assistance / per Agency

Indirect Financial assistance / person

Year / 2005 MUGECOM. Ivory Coast 50 3 1 500
Year/ 2006
C.C.I Cameroun (Caisse communautaire d'Investissement)
67 14 12 000

Since its creation in April 2005, Senfinance International developed partnerships with financing institutions and micro finance institutions in 4 countries, in Africa, and Europe.