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Nar
Mrs. Nar is a married woman who lives in a Senegalese suburb. She has been in sales for over 20 years selling candy, juice, ice cream and traditional apparel. She is a member of a local UIMCEC branch and has already obtained and repaid eight previous loans.

She is seeking a loan of 300,000 F to purchase traditional apparel for resale. She will use the extra revenue to bolster her working capital. In the coming years, she would like to have a large store.
Madame Nar est une femme mariée qui habite dans l’une des banlieues sénégalaises. Elle s’active depuis plus de 20ans dans le secteur du commerce. Elle exerce la vente de bonbons, jus glace et habits traditionnels. Elle est membre de l’un des guichets de l’UIMCEC de la banlieue et a déjà remboursé 8 crédits antérieurs. Elle sollicite un prêt de 300 000 frs prévu pour acheter des habits traditionnels qu’elle va revendre à sa clientèle. Avec l’augmentation de ses bénéfices elle veut augmenter son fond de roulement. Elle projette dans le futur de disposer d’un magasin de stockage de grande envergure.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,001,375
    Funds lent in using Kiva
  • 511.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nar to buy traditional apparel for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013