Our borrower, named Khady, is 33 years old and a married mother of two. She has been active in small-scale commerce for three years. Her business involves selling artisanal coffee that is ground but not yet prepared; it is called “Touba coffee” and is highly prized in the country. She packages the coffee in one-kilo or half-kilo bags and goes door to door selling it. She receives special orders from breakfast sellers and from food stalls. Ms. Khady meets her needs with her profits and volontarily helps to improve her family’s living conditions. She wishes one day to open a store selling grocery items.
Notre emprunteur s’appelle Khady, 33 ans, mariée et mère de 2 enfants. Elle s’active dans le petit commerce depuis 3 ans. Son commerce consiste à vendre du café artisanal en poudre non encore préparé appelé « le café Touba », qui est très prisé dans le pays. Elle le met en sachet de 1kilo ou de 500g et fait l’ambulant pour écouler son produit. Elle reçoit des commandes des vendeuses de petit déjeuner et des gargotes. La dame Khady, règle ses besoins à partir de ses bénéfices et participe volontairement à l’amélioration des conditions alimentaires de sa famille.
Elle souhaite un jour ouvrir une boutique de vente de denrées alimentaires.
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.