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Khare
Ms. Khare N. is a married women who is 33 years old. She lives in the Hersent district of Thiès. She has been working in commerce for years. Her business involves selling fabrics, clothing for babies, and various other merchandise. She is on her second loan and has repaid her first one. With her current loan, she envisions buying fabrics to resell to her usual customers. Thus, she plans to realize a profit of 50,000 francs CFA with which she can make loan interest payments and invest the rest in her business.
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Madame Khare N. est une femme mariée qui est âgée de 33 ans, elle habite au quartier Hersent de Thiès. Elle fait le commerce depuis des années. Son activité consiste à vendre des tissus, habits pour bébé et divers autres marchandises. Elle est à son deuxième prêt et a bien remboursé son premier crédit. Avec ce prêt elle envisage d’acheter des tissus pour les revendre a ses clients habituels, et compte réaliser ainsi un bénéfice de 50 000CFA ($100) avec lequel elle peut rembourser les intérêts de son prêt et le reste le réinvestir dans son activité.

Additional Information

About UIMCEC

This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.

About Senegal

  • $1,759
    Average annual income
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,825
    Funds lent in using Kiva
  • 499.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Khare to buy fabrics to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2009
Listed
Apr 25, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010