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Aminata
Ms. Aminata T. is a retailer of vegetables at the market in Camberene, a suburb of Dakar. She has more than 5 years of experience in this field, and she would like to increase her working capital in order to enlarge her business. She is married and has children.

Ms. T. is a beneficiary of the agreement between U-IMCEC (one of Kiva's field partners) and the Program for the Development of Children and Families (PDEF in French) Seydina Issa Laye. The PDEF seeks to reduce poverty within the community, and especially to protect children who come from destitute families. Thanks to this cooperation, the parents of these children can benefit from loans having more flexible terms, as compared to ordinary loans. Since the agreement's inception in December 2008, 120 parents have received financing in amounts varying from 50,000 to 150,000 francs.
Madame Aminata T. est une marchante de légumes au marché de Camberene, une banlieue de Dakar. Elle a plus que 5 ans d'expérience sur le marché et elle voudrait bien augmenter son fond de roulement pour élargir son marché. Elle est marié avec des enfants.

Madame T. est une bénéficiaire du protocole entre U-IMCEC et le Programme de Développement de l'Enfant et de la Famille (PDEF) Seydina Issa Laye. Le PDEF cherche à réduire la pauvreté au sein de la communauté et surtout à protéger les enfants issus des familles démunies. Grâce a cette coopération, les parentes de ces derniers peuvent profiter de crédit a des conditions plus souples par rapport aux crédits ordinaires. Depuis le démarrage du protocole en Décembre 2008, 120 parents ont reçu un financement pour des montants qui varient entre 50.000 et 150.000 frs.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 436.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Aminata to invest in enlarging her stock of vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 27, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010