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Mariéme Cisse
The borrower is an elderly woman who has been living alone with her 6 children since the death of their father. She buys regular fabrics as well as thioubs (dyed fabric) which she gives to her customers, and gets paid after two months. She has been doing this for 10 years, after she stopped going on business trips in the subregion, due to a lack of satisfactory profits. She is requesting a loan of 100,000F to buy rolls of fabric and of "thioub," which she will resell during the next religious holidays. The profits will help her take care of her children.
View original language description ↓
L'emprunteuse est une femme âgée qui vit seul avec ses 6 enfants depuis le décès de leur père.Elle achète des tissus simples et des thioub(tissus teints)qu'elle place auprès de ses clients et récupère son argent au bout de 2 mois.Elle mène cette activité depuis 10 ans après avoir arrête ses voyages de commerce dans les pays de la sous- région faute de bénéfices satisfaisants.Elle sollicite un prêt de 100000F pour acheter des rouleaux de tissus et de "thioub" qu'elle revendra à l'occasion des prochaines fêtes religieuses. Ses bénéfices lui serviront à entretenir ses enfants .

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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 460.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Mariéme Cisse to buy rolls of fabrics and of "thioub".
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 13, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012