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Selbe
Selbe T. is involved in buying and selling fabrics, a very common business among Senegalese women. Senegal and neighboring Mali, Mauritania and Gambia produce beautiful traditional fabrics, which are often in high demand, especially before important holidays. Ms. T. was introduced to the trade by one of her older sisters. As she is single and does not have children of her own, her income helps support her large extended family.

With her loan of 300,000 XOF she will purchase a large stock of fabrics. With the future revenues from her business, she hopes to open her own proper shop in the main market.

Ms. T. lives in the Ndayene neighborhood of Diourbel, a town of some 100,000 inhabitants, which shares its name with the larger Diourbel region. The region has around two million inhabitants, and inclues Senegal's second largest city, Touba. Before colonization, the region was known as the Bawol kingdom, and inhabitants are still often called Bawol-Bawol.

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
  • $13,150,350
    Funds lent in using Kiva
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Selbe to purchase a large stock of fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Feb 13, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011