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Aida
For five years, Ms. Aida N. has been specializing in selling cosmetics. However, according to events, she has oriented her business toward customer demands, which explains why she devotes all her time to selling school supplies, since classes have started. She lives near the office in Camberene, a town located north of Dakar. She does a lot to help her husband care for her two children. And so, the loan she’s requesting will enable her to grow her monthly revenues by 10,000 francs each month. This is the first loan allocated to her by the U-IMCEC office of Camberene.

Ms. Aida N. is a beneficiary of the agreement between U-IMCEC and the Programme de développement de l'infant et de la famille (PDEF) 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 take advantage of loans having more flexible terms compared to ordinary loans. Since the agreement’s kickoff in December 2008, there have been 120 parents who received financing in amounts varying from 50,000 to 150,000 francs.
View original language description ↓
Madame Aida N. s est pendant cinq ans spécialises dans la vente de produits cosmétiques .Cependant selon les événements elle oriente son activité vers la demande de la clientèle.C est ce qui explique qu elle s'adonne a la vente d articles scolaires a cause de louverture des classes. Elle habite non loin de la caisse de Camberene une localité qui se situe au nord de Dakar .Elle assiste beaucoup son mari dans l entretien de ses deux enfants.par conséquent le prêt qu’ elle sollicite va lui permettre d augmenter son fond de roulement ce qui lui permettra d accroitre ses revenus mensuels de 10 000 frs chaque mois est le premier crédit qui lui a été octroyé par l U-IMCEC caisse de Camberene.
Madame Aida N. 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
  • 10
    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 Aida increasing her working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 26, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010