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Katy
Katy is a married woman who lives in Senegal and has been involved in commerce for a decade already. She owns a shop in the area where she lives and sells kitchen products and different kinds of fabric, like Bazin.

She is a member of a UIMCEC branch and is asking for a loan of 700,000 francs CFA in order to increase her working capital so that she can buy goods to resell.

Generally, she travels around Senegal to procure the goods and products that she sells. She hopes to increase her sales and earnings so that she can improve her family's well-being and increase her working capital.

In the near future, she would like to add to her current business by selling cereals, something she knows from her father and that she finds interesting and profitable.
Madame Katy est une femme mariée qui réside au Sénégal et pratique l’activité de commerce depuis plus d’une dizaine d’années déjà. Elle possède une boutique au sein de sa localité d’habitation où elle vend des accessoires de cuisines, des tissus, Bazin riches…etc. Elle est membre de l’un des guichets de l’U-IMCEC où elle sollicite un crédit d’un montant de 700.000 francs CFA prévu pour renforcer son fonds de roulement et destiné a l’achat de marchandises qu’elle commercialise. En général elle a l’habitude de voyager en dehors du Sénégal pour se procurer les marchandises ou produits qu’elle vend, elle espère accroitre ses ventes ainsi que ses bénéfices pour pouvoir rendre meilleur le bien être de sa famille et renforcer davantage son fonds de roulement. Dans un avenir proche, elle voudrait associer à son activité actuelle la commercialisation de céréales locales, une activité qu’elle a connue à travers son père et qu’elle trouve très intéressante et profitable.

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.

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About Senegal

  • $1,759
    Average annual income
  • 34
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Katy to buy cooking utensils and fabric to resell.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2015