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Oulèye
Ouleye, who is married, lives in Senegal and has been selling fritters for the past ten years. She begins her working day at eight o'clock in the morning and finishes at six in the evening. She is a member of one of the U-IMCEC branches where she has already repaid three previous loans. She is requesting a new loan of 400,000FCFA to buy flour and sugar at competitive prices, so that she can increase her business's profit margin. The increase in her profits will thus help her to save more money so that she can achieve her ambition of acquiring a shop.
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Madame Ouleye est une résidente du Sénégal. Elle est mariée et pratique depuis 10 ans la vente de beignets. Elle démarre sa journée de travail a 8 heures pour la terminera 18 heures. Elle est membre de l’un des guichets de l’U-IMCEC où elle a déjà remboursé 03 crédits antérieurs. Elle sollicite un nouveau prêt de 400.000 francs CFA prévu pour l’achat de farine et de sucre a des prix compétitifs dans le but d’accroitre sa marge bénéficiaire de son activité. Par conséquent, l’accroissement de ses profits l’aidera à épargner davantage d’argent afin de parvenir a réaliser son vœu futur d’acquisition d’une boutique.

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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 502.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Oulèye to buy flour and sugar to make fritters to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014