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Aminata
Ms. Aminata has been active in commerce for almost ten years. She is a married mother of a family. She lives in a town that has developed over time, thanks to immigrants who have returned to invest in the area.
Aminata runs a business selling various items: clothes, bags, cosmetics, etc. She works from 7 in the morning to 6 in the evening. She is seeking this loan in order to fulfill an order for shoes, fabric, and cosmetics.
Ms. Aminata has a strong duty towards her children, as she is the one taking care of them, and thanks to loans she has been able to rise to the challenge of paying for their education and improving their food situation.
Aminata would like to open a ready-to-wear clothing store if she sees her capital increase.
Madame Aminata s’active dans le commerce depuis une dizaine d’années. Elle est mariée et mère de famille. Elle habite dans un village qui s’est développé au fil du temps, grâce à ses habitants immigrés qui reviennent investir dans la zone.
Aminata fait du commerce de divers : habits, sacs, produits cosmétiques…Elle travaille de 7h du matin à 18h de l’après-midi. Elle sollicite ce crédit afin d’honorer une commande de chaussures, de tissus et de produits cosmétiques.
Madame Aminata a une grande responsabilité envers ses enfants, c’est elle qui en a la charges, et c’est grâce au crédit qu’elle arrive à être à la hauteur : à leur payer la scolarité et a améliorer leur conditions alimentaires.
Aminata voudrait ouvrir un magasin de prêt à porter si elle voit son capital augmenter.

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.

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About Senegal

  • $1,759
    Average annual income
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Aminata to buy cosmetics, bags, and shoes for resale.
98% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Mar 2, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015