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Mayram
Mayram, a 43-year-old woman, is married and the mother of 5 children. She has been providing transportation services for 10 years. She is requesting, for the first time, a loan of 350 000 francs with which to buy a horse to use for baggage transportation. She takes care of her personal expenses. In order to diversify her business, she would like to invest in the sales of ready-to-wear clothing and open a shop.
Madame Mayram, une dame de 43 ans, marié et mère de 5 enfants fait du transport depuis 10 ans. Elle vient pour la première fois demander un crédit de 350000F CFA pour l’achat d’un cheval avec lequel il va faire du transport de bagages. Elle s’occupe de ses charges personnelles. Pour diversifier ses activités elle veut investir dans la vente de prêt à porter et ouvrir 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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 506.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mayram to buy a horse to use for baggage transportation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014