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Hourèye
Hourey is 40 years of age and a married mother, and lives in the main city. She buys ready-to-wear clothing for children and sewing products in Dakar, which she then resells. She has a small store at home where she stocks her merchandise, and has worked in this business for 10 years.

To increase her operating capacity, Hourey has requested a loan of 500,000 XOF. This will allow her to buy more merchandise to meet demand, and to have greater profits. She plans to use these profits to cover her personal needs and increase her working capital.
View original language description ↓
Hourey âgée de 40 ans, mariée et mère de famille habite dans la ville principale. Elle achète des prêts à porter pour enfants et des produits de mercerie à Dakar pour ensuite les revendre, elle a une cantine où les marchandises sont stockées au niveau de son domicile. Elle s’exerce dans cette activité depuis 10 ans et dans le cadre de renforcement de ses capacités d’exploitation elle sollicite un crédit de 500 000.De ce fait elle pourra acheter plus de marchandises pour faire face à la demande et avoir plus de bénéfices.
Avec ce bénéfice elle pourra prendre en charge ses besoins personnels et augmenter son fond de roulement .

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
  • 12
    View loans »
    Senegal Loans Fundraising
  • $12,846,900
    Funds lent in using Kiva
  • 520.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Hourèye to buy ready-to-wear clothing for children and sewing products in Dakar for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013