Check out some available loans that are similar to this one!
Diombo
Mrs. Diombo is a widow and the mother of three children. She's been a reseller for two years. At first, she used to sell watermelons during a specific time of the year. Afterwards, she outfitted her small shop to resell food products.

Additionally, she also runs a very small food serving business. She works from 6 in the morning to 11 in the evening. The loan she's seeking will enable her to reorganize her store to run both her businesses : retail and food serving.

Diombo works in order to be able to feed her children, whom she has in her care, and improve her family's dietary conditions. She wishes to one day buy her own house for her children.
View original language description ↓

Madame Diombo, veuve et mère de trois enfants, s’active dans le commerce depuis maintenant 2 ans. Elle a d’abord démarré avec la vente de pastèque qui était une période bien précise, dans l’année. La période terminée, elle a aménagé sa cantine pour y mettre des denrées alimentaires et revendre. A coté, elle gère aussi un mini restaurant. Elle travaille de 6h du matin à 23h du soir.
Le crédit sollicité lui permettra d’aménager le local pour pouvoir faire les deux activités : la boutique et la restauration.
Diombo travaille afin de pouvoir nourrir ses enfants dont elle a la charge et améliorer les conditions alimentaires de sa famille.
Elle souhaite un jour acquérir sa propre maison et y loger ses enfants.

Additional Information

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.

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
  • 28
    View loans »
    Senegal Loans Fundraising
  • $13,112,325
    Funds lent in using Kiva
  • 482.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Diombo to reorganize her shop to run both her businesses : retail and food serving.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 17, 2014
Listed
Jan 4, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 25, 2014