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Mariama Sadio Labo
Ms. Mariama Sadio Labo lives in Senegal. An unmarried woman working in commerce for nearly a year, she devotes all her time to marketing cosmetic products. This provides her with the opportunity to meet her parents' needs (food and rent).

She is an associate of a U-IMCEC branch where she is requesting a loan of 250,000 francs CFA for stocking up on cosmetics to sell. Her goal is to develop her business, so that she may expand her range of products on offer and thus satisfy her customers' aspirations. Increasing her profits will enable her to improve her family's food situation as a result. Her future plans include opening a store and hiring employees for her business.
View original language description ↓
Madame Mariama Sadio Labo réside au Sénégal. C’est une femme célibataire qui évolue dans le secteur du commerce depuis presque un an. Elle s’adonne a la commercialisation de produits cosmétiques, ce qui lui donne l’opportunité de subvenir aux besoins de ses parents (nourriture et location). Elle est sociétaire de l’un des guichets de l’U-IMCEC où elle sollicite un prêt de 250.000 francs CFA prévu pour s’approvisionner en produits cosmétiques destinés à la revente. Son objectif est de développer son activité afin qu’elle parvienne à élargir la gamme de produits pour satisfaire les aspirations de ses clients. Par conséquent, l’augmentation de ses bénéfices lui permettra de rendre meilleur les conditions alimentaires de sa famille. Son futur projet consiste à ouvrir une boutique et engager des employés pour son activité commerciale.

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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 504.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mariama Sadio Labo to purchase cosmetics to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014