Ms. ADAMA is a widow who has been working in the commerce sector for three years. She sells fabrics. Thanks to the income her business brings in, she is covering the food needs and the bills for her family. She is a member of a U-IMCEC branch where she is requesting a loan of 500,000 francs for repairing the ceiling in her family home. This financing will allow her to have a place to rent out. This will help increase her regular income for taking better care of family needs.
Madame ADAMA est une femme veuve qui évolue dans le secteur du commerce depuis 3 ans. Elle pratique la vente de tissus. Grâce aux revenus que lui procure son activité elle prend en charge la nourriture et les frais de factures de sa famille. Elle est adhérente dans l’une des guichets de l’UIMCEC ou elle sollicite un crédit de 500 000 frs prévu pour la réfection du plafond de la maison familiale. Ce financement pourra l’aider a disposer de locaux a louer ce participe a l’augmentation de ses revenus réguliers pour une meilleur prise en charge des besoins familiaux.
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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.