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Salimata
Ms. SALIMATA is a merchant who lives in Senegal. She has been active for over ten years in selling juices, cream, and ice. Her business enables her to meet the needs of her five children, 5 to 14 years old.

She has already repaid a loan with the microfinance institution U-IMCEC. She is requesting a loan of 200,000 francs CFA for buying another refrigerator to enlarge her business, which brings in revenues. In the future, she plans to start up a business selling fabrics, which is a very lucrative business in her town.
View original language description ↓
Madame SALIMATA est une commerçante qui habite au SENEGAL. Elle s’active depuis plus de 10ans dans la vente de jus, de crème et de glace. Son activité lui permet de subvenir aux besoins de ses cinq enfants âges entre cinq et quatorze ans. Elle a déjà eu à rembourser un prêt à l’U-IMCEC. Elle sollicite un crédit de 200000FCFA qui servira à l’achat d’un autre réfrigérateur pour l’élargissement de son activité de commerce qui lui procure ses revenus. Dans le futur, elle compte se lancer dans le commerce de tissus qui est une activité très enrichissante dans sa localité.

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
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 533.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Salimata to buy a refrigerator.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013