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Siny
Siny is a 27-year old woman who is divorced and lives in Senegal. She is a trader and in particular sells clothes, shoes, local juices and various other new products which appear on the market. She chose this activity in order not to remain idle and to make some money to provide for her own needs. She is above all interested in the lucrative aspect of the activity. She has been a member of one of the branches of UIMCEC since February 2004 and has already repaid seven previous loans. She is requesting a loan of 300,000 francs to buy sheets, sea food, palm oil and shea oil, which she will then resell. She would like to diversify the products she sells. The loans she is granted consititute a significant financial aid for her since they have allowed her to buy a refrigeratoir which enables her to sell juice and ice-cream.
View original language description ↓
Madame Siny est une femme divorcée de 27 ans qui habite au Sénégal. Elle s’active dans le secteur du commerce plus précisément dans la vente d’habits, de chaussures, de jus locaux et de divers autres produits nouveaux qui apparaissent sur le marché. Elle a choisi cette activité pour lutter contre l’oisiveté et se procurer des gains qui lui permettront de subvenir a ses propres besoins. Elle est surtout intéressée par l’aspect lucratif de l’activité. Elle est membre d’un des guichets de l’U-IMCEC depuis février 2004. Elle a déjà remboursé 7 prêts antérieurs. Elle sollicite un crédit de 300 000 frs prévu pour l’achat de draps, de fruits de mer, d’huile de palme et du karité qu’elle va revendre. Elle souhaite diversifier les produits qu’elle commercialise. Les crédits qui lui sont octroyés sont d’un grand apport pour elle car ca lui a permis de se payer un réfrigérateur qui lui permet d’exercer son activité de vente de jus et de glace.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Siny to buy sheets, sea food, palm oil and shea butter for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Jan 31, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012