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Veronique
Ms. Véronique is a married woman who lives in Senegal. She has been employed by a school for ten years. Concurrently, she sells woven scarves used by women in their traditional clothing.

She has already repaid seven previous loans. She is an associate of a U-IMCEC branch and is requesting a loan of 700,000 francs for bolstering her business capital, so as to develop her business. The revenues her business brings in will enable her to support her husband in managing household expenses and to develop her savings. For the future, she would like to have a place where she can display her merchandise.
View original language description ↓
Madame Véronique est une femme mariée qui vit au Sénégal. Elle est employée dans une école depuis 10 ans. Parallèlement pratique la vente d’écharpes tissés utilisées par les femmes pour leur habillement traditionnel. Elle a déjà remboursé 7 crédits antérieurs. Elle est sociétaire de l’un des guichets de l’UIMCEC et sollicite un prêt de 700000 frs prévu pour renforcer son fond de commerce afin de développer son activité. Les revenus que lui procure son activité de commerce lui permettent de soutenir son mari dans la gestion des frais du ménage et de développer son épargne. Dans le futur elle souhaiterait disposer d’un local ou elle pourra exposer sa marchandise.

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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,925
    Funds lent in using Kiva
  • 511.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Veronique to have scarves made in large quantities to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014