Check out some available loans that are similar to this one!
Aissatou
Aissatou is married and lives in Senegal. She has been working in retail for the past 15 years, selling couscous at a market located not far from her house. With the earnings from her business, she is able to feed her family. She works from 3PM until 7PM.

Aissatou has already repaid 15 previous loans. She is currently requesting a loan of 500,000 francs to buy enough millet to benefit from wholesale, more attractive, prices. She will store this millet and save herself some time, since she will no longer have to go to the market every day to buy supplies. This will help her to increase her profit margin and boost her savings. In turn, this will also allow her to carry out her future project: to increase the size of the stall where she sells her merchandise.
View original language description ↓
Madame Aissatou est mariée et vit dans une des localités du Sénégal . Elle évolue dans le secteur du commerce depuis 15 ans et pratique la vente de couscous au marché qui est situé non loin de sa maison. Les bénéfices générés s par son activité lui permettent d’assurer les charges de nourriture de sa famille. Elle démarre sa journée à 15 heures et descend à 19 heures. Elle a déjà remboursé 15 prêts antérieurs. Actuellement elle sollicite un crédit de 500000 frs prévu pour acheter du mil en quantité suffisante qu’elle pourra stocker et bénéficier de prix d’achat en gros plus compétitifs. Aussi elle pourra aussi gagner du temps car elle n’aura plus à aller chaque jour au marché pour acheter son produit. Ainsi elle aura l’opportunité d’accroitre sa marge bénéficiaire, renforcer son épargner pour pouvoir réaliser son projet futur qui consiste à agrandir la cantine ou elle exerce son activité. -

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 511.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Aissatou to buy millet to prepare couscous for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014