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Aminata
Aminata lives in Senegal. She is married and has been selling kitchen dishes and aloe vera products since 2006.

She has already obtained a previous loan from one of the branches of the UIMCEC where she is a client. Once again, she is requesting a loan of 350,000 CFA francs, which she is planning to use to buy aloe vera products for resale.

By strengthening her working capital, she will be able to expand her activity and to increase the financial resources which she generates through her business. In this manner, she will be able to continue to cover her part of the family expenses (children's school fees and domestic help's salary) and to save more money.

Aminata's ambition is to become an important seller of aloe vera products within her country.
View original language description ↓
Madame Aminata habite au Sénégal. Elle est mariée et exerce une activité commerciale de vente de vaisselle et de produits aloès Véra depuis 2006. Elle déjà obtenu 01 crédit au niveau de l’un des guichets de l’U-IMCEC où elle est sociétaire. De nouveau, elle sollicite un crédit d’un montant de 350.000 francs CFA qu’elle compte utiliser pour acheter des produits aloès Véra a revendre. Le renforcement de son fond de roulement lui permettra d’élargir son activité et d’accroitre les ressources financières que lui procure son activité. Ainsi elle pourra continuer a supporter ses charges familiales (scolarité des enfants et salaire domestique) et aussi d’épargner davantage d’argent. Elle aspire à devenir une grande commerçante dans la vente de produits Aloès Véra au sein de son pays.

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
  • 31
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 501.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Aminata to buy aloe vera products for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014