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Aissatou
Ms. Aissatou, in her thirties, is a married woman and mother. She has been in the business of selling various food products for the past few years and has a good knowledge of this industry. Her business consists of buying food, palm oil, etc. for resale. She has a loyal clientele that places orders before she goes to buy the merchandise. Aissatou is married and she helps her husband take care of their household expenses. She wants to increase her working capital to increase the quantity of products she sells and to maximize her profit and to be able to build her own home someday.
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Madame Aissatou, âgée de la trentaine d’années, est une femme mariée et mère de famille. Elle s’active dans le commerce de divers produits alimentaires depuis plusieurs années et a une bonne connaissance dans ce domaine d’activité. Son activité consiste à acheter pour revendre des denrées alimentaires, de l’huile de palme… Elle a une clientèle fidèle qui fait la commande avant qu’elle ne parte acheter la marchandise.
Aissatou est mariée et elle appuie son époux dans les charges quotidiennes de la famille. Elle veut augmenter son fond de roulement afin d’augmenter la quantité des produits qu’elle vend et de maximiser son profit et pouvoir construire sa propre maison un jour.

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
  • $13,041,875
    Funds lent in using Kiva
  • 482.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $425 helped Aissatou to buy food and palm oil for resale.
30% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 18, 2014
Currency Exchange Loss:
Possible