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Aminata
Ms. Aminata lives in Senegal. She is married and has been active in the commercial sector for over twenty years. She specializes in selling brooms, palm oil, dried fish, and smoked fish. This business enables her, thanks to the profits generated, to help manage her family's day-to-day expenses and food situation. She capitalizes on over twenty years of experience in this business.

Before, she had obtained six loans from her U-IMCEC branch, where she is a member and which she has completely repaid. She is requesting a new loan in the amount of 200,000 francs CFA for purchasing the products she sells. With the intention of developing her business, she has need of these funds to achieve the satisfaction of her customers' growing demands. Thus, increasing her revenues will provide the chance to diversify her product offer. Her future plans still include boosting her business by opening a store for displaying her products.
View original language description ↓
Madame Aminata habite au Sénégal. Elle est mariée et s’active dans le secteur du commerce depuis plus de 20 ans. Elle s’’est spécialisée dans la commercialisation de balais, d’huile de palme et de poissons fumés et séchés. Cette activité lui permet grâce aux bénéfices générés de participer quotidiennement à la gestion de la dépense quotidienne pour la nourriture de sa famille. Elle capitalise une expérience de plus de 20 ans dans son activité. Auparavant, elle a obtenu 06 prêts au prés de son guichet a l’U-IMCEC où elle est membre qu’elle a intégralement remboursé. Elle sollicite à nouveau un crédit d’un montant de 200.000 francs CFA prévu pour acheter les produits qu’elle commercialise et qui seront destinés a la vente. C’est dans l’intention de développer son activité de commerce qu’elle a besoin de ces fonds et parvenir a satisfaire la demande croissante de sa clientèle. Ainsi, l’accroissement de ses revenus lui donnera l’opportunité de diversifier les produits proposés sur le marché. Son projet futur consiste toujours à booster son activité en ouvrant un magasin pour y exposer 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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aminata to purchase brooms, palm oil, and dried and smoked fish to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014