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Marième
Ms. Marieme lives in Senegal. She is a widow and lives with her family. She has been active in the business sector for over thirty years and sells secondhand clothing at the weekly markets, which take place at various locations in town.

She is a member of a U-IMCEC branch where she is requesting a loan in the amount of 500,000 francs CFA. This loan is the sixth one she has obtained from this institution. It is for purchasing used clothing for resale. Her goal is to satisfy the growing demands of her customers.

Meanwhile, through this financing, the increase in income would enable her to meet the day-to-day needs of her family and to save money. Her wish is to purchase a house and rent it out.
View original language description ↓
Madame marieme habite au Sénégal. Elle est veuve et vit avec sa famille. Elle s’active dans le secteur du commerce depuis plus de 30 ans et pratique la vente d’habits de friperie dans les marchés hebdomadaires qui ont lieu dans divers endroits de la ville. Elle est membre de l’un des guichets de l’U-IMCEC où elle sollicite un prêt pour un montant de 500.000 francs CFA. Ce crédit est le sixième qu’elle a obtenu dans cette institution, et il est prévu pour l’achat de friperies destinés à la revente Son objectif est de satisfaire la demande croissante de sa clientèle.. Cependant, l’augmentation de ses revenus a travers ce financement pourrait lui permettre de subvenir aux besoins quotidiens de sa famille et de faire plus d’économies. Son souhait est d’acheter une maison et de la mettre en location.

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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 505.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Marième to purchase bales of secondhand clothing to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014