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Idikha
Madame Idikha lives in Senegal. She is married and has worked in the artisanal sector for more than three years. She is a seamstress and it is thanks to the profits that her business brings her that she contributes to the management of her family's everyday expenses. She is a member of an UIMCEC branch, where she is asking for a loan of 300,000 XOF. She plans to buy a sewing machine and fabric for her business. This loan would thus allow her to improve her business's productivity. In doing this, the growth of her profits will help her to participate more in providing for her family's household expenses and to save money. In hopes of developing her business even more, in the future she projects growing her studio and increasing her number of employees.
Madame Idikha vit au Sénégal. Elle est mariée et s’active dans le secteur artisanal depuis plus de 03 ans. Elle est couturière et c’est grâce aux revenus que lui procure son activité qu’elle contribue à la gestion de la dépense quotidienne de sa famille. Elle est membre de l’un des guichets de l’U-IMCEC où elle sollicite un prêt de 300.000 francs CFA. Elle envisage acheter une machine à coudre et des tissus pour les besoins de son activité. Par conséquent ce financement lui permettra d’améliorer la productivité de son activité. Ainsi, l’accroissement de ses bénéfices l’aidera a renforcer sa participation financière aux charges du ménage et d’épargner plus d’argent. Dans le souci de développer davantage son activité, elle projette dans le futur d’agrandir son atelier et d’augmenter le nombre de ses employés.

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 502.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Idikha to buy a second sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014