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Mame Anta
Mame Anta is 51 years old, married, and the mother of a family. For over ten years, she has been actively involved in selling used clothing. She started in this business with a very small amount of money (35,000 CFA francs) and first bought a bail of baby clothes with which she made a profit of 13,000 CFA francs. She gradually grew her business, and she is now requesting a loan which will allow her to buy twice as much, or even three times as much merchandise than the first time. Mame Anta helps her husband to cover the daily expenses of the household. In the future, she would like to open a large used clothes store and to also start selling shoes.
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Mame Anta est une femme âgée de 51 ans, mariée et mère de famille. Elle s’active dans le commerce de friperies depuis plus de 10 ans. Elle a démarré avec une minime somme de 35 000f en achetant une balle de bébé pour essayer et cela lui a rapporté un bénéfice de 13 000F. Elle a continué petit à petit et actuellement, elle sollicite un crédit qui lui permettra d’acquérir deux fois plus voire trois fois que la première fois de marchandises. Mame Anta appuie son époux dans les charges de la maison et la dépense quotidienne. Elle a comme projet, d’ouvrir un grand magasin de vente de friperies et d’y associer la vente de chaussures.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Mame Anta to buy used clothes for resale.
93% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015