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Arame
Arame is a 61-year-old woman who has been running a stall and selling fabrics for 20 years already. In spite of her age, she is busy and active and does not want to be idle. She has never asked for a loan before. She is now requesting 200,000 CFA francs for the purchase of new products to be displayed in her booth.

Arame has no other expenses than those related to her own needs. She works from 7 AM until 6 PM.

With this loan, she will be able to diversify her products and services, and to meet her customers' needs. In the future, she would like to open a shop and sell cosmetic products. She would also like to purchase some sewing machines.
View original language description ↓
Madame Arame est une dame de 61 ans qui gère une cantine de vente de tissus depuis 20 ans déjà. Malgré son âge, elle s’active pour s’occuper et ne pas rester sédentaire. Elle n’avait encore jusque là pas fait de crédit et désire un montant de 200000 F CFA pour acheter de nouvelles marchandises et exposer dans sa boutique. Madame n’a pas de charges sinon ses propres besoins. Elle commence sa journée à 7 h du matin pour la terminer à 18 h du soir.
Avec le crédit, elle pourra diversifier ses produits et services et satisfaire sa clientèle.
Comme projets futurs elle désire ouvrir une boutique de produits cosmétiques et acheter des machines à coudre.


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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,166,800
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Arame to buy a variety of fabrics to stock up her booth and resell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013