Check out some available loans that are similar to this one!
Aida
Aida, who is married, lives in Senegal and has been selling fabrics and clothing for more than ten years. She is a member of one of the U-IMCEC branches where she is requesting a loan of 300,000FCFA to buy fabrics for resale, so that she can satisfy customer demand. She would like to diversify the range of products she sells by using her loan to buy soaps as well as dyed fabrics so that she can expand the products she offers to her customers and at the same time the profits which she generates from her business. Her ambition is to increase her savings so that she can in the future have her own shop where she can display the goods she sells.
View original language description ↓
Madame Aida habite au Sénégal. Elle est mariée et exerce une activité commerciale de vente de tissus et d’habits depuis plus de 10 ans. Elle est membre de l’un des guichets de l’U-IMCEC où elle sollicite un crédit d’un montant de 300.000 francs CFA. Ce montant sera destiné à l’achat de tissus pour les revendre dans le but de satisfaire la demande sa clientèle. Elle souhaite diversifier la gamme de produits qu’elle commercialise en achetant a l’aide de son financement des savons et des tissus teintés afin d’augmenter l’offre a sa clientèle de même que les profits que lui génère son activité. Par conséquent son ambition consiste a accroitre son épargne pour pouvoir dans le futur disposer de sa propre boutique ou elle pourra exposer les produits qu’elle commercialise.

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
  • 37
    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 $600 helped Aida to buy soaps and dyed fabrics to resell.
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