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Ndeye Binta
Mrs Ndeye Binta lives in Senegal. She is a married woman who has been working as a saleswoman for over five years. She specialises in the sale of fabrics, rings, bracelets and necklaces and various accessories for women. She has managed to repay two previous loans that she contracted from one of the U-IMCEC offices where she is a member. She requests a new loan of 150.000 CFA francs destined to the purchase of articles that she sells in order to answer the growing demand of her clientele. The increase in profits that she will make from this loan will enable her to build up her stock, to facilitate her management of her family's daily expenses and to improve their dietary conditions. Her ambition for the future is to acquire a more spacious shop which would enable her to further diversify her products.
Madame Ndeye Binta habite au Sénégal. C’est une femme mariée qui évolue dans le secteur du commerce depuis plus de 5 ans déjà. Elle s’est spécialisée dans la vente de tissus, de bagues, de bracelets de colliers et divers accessoires pour femme. Elle a pu rembourser deux crédits antérieurs qu’elle auprès de l‘un des guichets de l’U-IMCEC ou elle est membre. Elle sollicite un nouveau prêt de 150.000 francs CFA prévu pour l’achat d’articles qu’elle commercialise dans le but de mieux satisfaire la demande de plus en plus croissante de sa clientèle. L’accroissement de ses bénéfices a travers ce financement lui permettra de renforcer son fond de roulement, de mieux prendre en charge la dépense quotidienne de sa famille et améliorer leur conditions alimentaires. Son projet futur consiste à acquérir un magasin plus spacieux ce qui lui donnera l’opportunité de diversifier davantage ses produits.

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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,875
    Funds lent in using Kiva
  • 490.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Ndeye Binta to buy fabrics, shoes, rings, bracelets and necklaces for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014