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Maimouna
Maimouna N. is 47 years old and a retailer specialising in Moroccan merchandise. She placed her business on hold for 2 years and is now looking to start up again. She lives in Yoff Layenne and has already benefited from 4 loans with the U-IMCEC. She is requesting a loan of 500 000 frs to supplement her own capital in order to travel to Morocco. She chose this activity following the example of her sister who was travelling to Gambia. The merchandise she acquires will be sold by various retailers. To be precise, the amount borrowed will be used to buy clothing and shoes for resale. This investment will allow her to increase her income.
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Maimouna N. est une commerçante de 47 ans qui évolue dans le commerce de marchandises marocaines. Elle a observe un arrêt de son activité pendant 2 années successives. Actuellement elle a l’intention de la redémarrer. Elle habite a Yoff Layenne et a déjà bénéficié de 4 crédits au sein de l’institution U-IMCEC. Elle sollicite un crédit de 500 000 frs pour compléter son propre capital ce qui lui permettra de voyager sur le Maroc. C’est une activité qu’elle a choisi par l’intermédiaire de sa sœur qui allait en Gambie. Les marchandises qui seront acquises seront placées auprès de ses clients commerçants. Plus précisément le montant emprunte sera destine a l’achat d’habits, de chaussures, destines a la vente. Cet investissement lui permettra d’accroitre ses revenus.

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
  • 529.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Maimouna redemarrage activite de commerce.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2010
Listed
Jun 29, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011