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Laila
The borrower is a woman who trades in cosmetics. She buys beauty lotions and perfumes on a wholesale basis and then sells them on a retail basis and on credit to her customers. She manages to generate sufficient profits to take care of her family and to satisfy her own needs. She is requesting a loan of 300,000 francs to buy crates of beauty lotions and perfume. Her ambition is to become a wholesaler.
View original language description ↓
L'emprunteuse est une femme qui exerce dans le commerce de produits cosmétiques. Elle achète en gros du lait de beauté et des parfums qu'elle revend en détail et à crédit à ses clients.Elle arrive à générer des bénéfices qui lui permettent de prendre en charge sa famille et de satisfaire ses propres bénéfices.Elle sollicite un pret de 300000F pour acheter des caisses de lait de beauté et de parfum. Son ambition est de devenir grossiste.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 484.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Laila to buy crates of beauty lotion and perfume.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 21, 2011
Listed
Sep 30, 2011
Currency Exchange Loss:
Covered
Ended:
May 17, 2013