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Absa
Absa lives in Senegal. For more than 20 years she has bought and sold food items such as smoked and dried fish and peanut paste. She provides for her family, and has six children under her care.

Absa is a member of the U-IMCEC branch, and has requested a loan of 500,000 francs to increase her working capital. With her loan she plans to buy products for sale, so that she can increase her profits and expand her business. In the future she would like to have the means to provide her children with large stores where they can keep busy selling various products.
View original language description ↓
Madame Absa habite au Sénégal. Elle évolue depuis plus de 20 ans dans le commerce et la vente de denrées alimentaires tels que poissons séchés ou fumés, pâte d’arachide. Elle est soutien de famille et a à sa charge 6 enfants. Elle est membre d’un guichet de l’U-IMCEC et sollicite un crédit de 500 000 frs prévu pour le renforcement de son fond de roulement. Elle compte acheter avec son financement les produits qu’elle commercialise dans le but d’accroitre d’avantage ses bénéfices et élargir son activité de commerce. Son projet futur est de disposer des moyens d’offrir à ses enfants de grands magasins de produits divers qui leur permettront de s’occuper.

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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 517.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Absa to buy dried and smoked fish and peanut paste for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2012
Listed
Jun 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013