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Seynabou
Seynabou is a very brave woman and despite being 54 years old, she works at the market every day. Seynabou sells fruits and vegetables and palm oil. She has more than 10 years of experience in this business and is requesting this loan to purchase vegetables and palm oil which she will resell in her display.

Seynabou is married and the mother of a family, and she helps her husband with the daily expenses and the schooling costs for her chilldren. She begins her day at 8am and works until 7pm. In the future, Seynabou hopes to expand her merchandise and increase her income to be able to save money and improve the living conditions for her family.
View original language description ↓
SEYNABOU est une femme qui est très brave et malgré ses 54 ans elle s’active toujours dans le marché. Elle vend des fruits et légumes et de l’huile de palme. Elle a une expérience de plus de 10ans dans cette activité et sollicite ce prêt de ce montant pour acheter des légumes et de l’huile de palme qu’elle va revendre dans son étale. Elle est mariée et mère de famille, elle aide son mari dans la gestion des dépenses quotidiennes et les charges scolaires de ses enfants. Elle commence sa journée à 8h pour la terminer à 19h. Elle l’avenir elle souhaiter renforcer et diversifier ses marchandises et augmenter ses revenus afin de pouvoir épargner de l’argent et d’améliorer les conditions de vie sa famille.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 492.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Seynabou to purchase vegetables and palm oil.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2014
Listed
Aug 25, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 27, 2014