Madame Aminata is a promoter who lives near her store. She sells diverse products for a living, from thioup fabrics (waxed fabrics), to tea and ice cream etc. She generally sources her goods from Dakar. She starts her working day at 8am and finishes at 7pm. She is in charge of her small family's needs, as well as her children's school fees. She is seeking this loan in order to boost her working capital and satisfy her customers' needs. In future she would like to diversify her activities in order to boost her revenues.
Madame Aminata est une promotrice qui habite à coté du guichet. Elle est divorcée et mère de famille. Aminata évolue dans la commercialisation de divers produits. Elle vend des tissus thioup, du thé, de la crème glace etc...Elle s’approvisionne généralement à Dakar. Elle commence sa journée à 8h pour la terminer à 19h du soir. C’est elle qui gère les charges quotidiennes de sa petite famille et les frais de scolarité de ses enfants. Elle sollicite ce montant pour renforcer son fond de commerce et satisfaire ses clients. A l’avenir elle voudrait diversifier ses activités afin de pouvoir augmenter ses revenus.
More information about this loan
To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at lower interest rates.
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.