Rokhaya lives in the same neighbourhood where her store is located. She is a 35-year-old married mother. She has never taken out a loan before, but because she wants to make her business more productive, she had the idea to approach our organisation and request a loan for 300,000 XOF. She needs this amount in order to purchase fabrics and dry goods. She has gained much experience in the retail of fabrics for women and, at the same time, she runs her own haberdashery. Along with her husband, she contributes towards paying for their family's daily living expenses. Rokhaya has 10 years of experience in this field and always starts her working day at 10 AM and finishes at 8 PM. In the future, she would like to open up her own clothing workshop so she can satisfy her customer's demands.
ROKHAYA habite dans le même quartier que le guichet, elle est âgée de 35 ans, mariée et mère de famille. Elle n’a jamais pris de prêt antérieur, mais voulant fructifier son commerce elle a pensé venir auprès de l’institution pour faire une demande de crédit d’un montant de 300.000. Elle a besoin de ce montant pour acheter des tissus et faire de la mercerie. Elle évolue dans la commercialisation des tissus pour femmes et gère en même temps une mercerie ; Elle aide son mari dans la gestion des dépenses quotidiennes des la famille. ROKHAYA a une expérience de 10 ans dans cette activité et démarre toujours sa journée à 10h pour la terminer à 20h. A l’avenir elle voudrait ouvrir un atelier de couture et satisfaire ses clients.
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.