Maimouna

Dakar, Senegal

100% repaid

Entrepreneur

Name

Maimouna

Member since

May 2011

On-time repayments

11 installments  •  82%

About Me

Hello my name is Maimouna Bela, I am thirty and am polygamous. I have three children. My husband is in retail and so am I. I sell clothing and other food products from the Casamance from where I am from.

My Business

I am soliciting a loan to grow my business that I run in between Dakar and Zuinguinchur in the south. What I do is buy clothing materials here and bring them to the villages in the south. Then, I buy certain products such as Palm Oil and I bring them back here to the city to sell. Here there are not the natural products like in Casamence, in the south. With this loan I would like to buy more stock. With the profits I hope to buy a small room.

I have previously held three loans from SEM (Senegal Ecovillage Microfinance) Fund. The first was in June 2008 for the sum of 400,000 Francs CFA, the second was for 700,000, and the third was 140,000. All these loans were reimbursed, and that before their due date (which is next month, in May 2011).

Loan Proposal

With this loan I plan to go to Casamance. I will bring fabrics to sell there and come back with food products to sell here in the city. It is a win win situation.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$162.00

Date disbursed

Jun 20, 2011

Repayment status

On Time

Projected term

11 months

Lenders

Daniel

Brussels, Belgium

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

E

Errol

Bradenton, FL, United States

Brian

Midhurst, Canada

S

Spock

Koeln, Germany

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  • Brian    Mar 2, 2012

    Maimouna, I am pleased for you that your business is going well. Thank you for paying back your loan ahead of schedule - I will certainly be happy to help fund any future loans that you want.

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  • Maimouna    Feb 22, 2012

    My name is Maimouna Bela Diallo and I am doing business between Casamance and Dakar. I sell products from the forest to Dakar, with palm oil and dry fish from the "houilletre". Then, I buy some "tioura" and room perfumes to sell in Casamance. I also sell products called "forever". Today, I have been told the remaining payment is 23,317 and I want to pay because I would like to get an other loan.

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  • GarcharJ    Oct 10, 2011

    This past Friday, two Zidisha volunteers and I met with Maimouna at her home in Dakar. We sat in her bedroom to talk about her work and how the loan has impacted both her business and life.

    BUSINESS
    Maimouna sells products in Dakar that come from the Casamance region of Senegal, where her mother lives. She primarily sells palm oil, which is her most lucrative product. She sometimes sells her products at the boutique right outside her home, but she said the majority of her regular customers, who are neighbors, come directly to her house. Every few weeks, someone travels back and forth from Dakar to the Casamance to pick up her products and she also sends clothing down to her mother to sell at a boutique in the south.

    IMPACT OF LOAN
    Because of the loan, Maimouna has been able to buy greater quantities of palm oil to sell. Since she was young, Maimouna has been selling a variety of products. She explained that when she was young and didn’t have children, she could use her profits for herself. Now, she says, with the help of the loan, she makes more money which has helped take care of her family. She said she is supporting 15 children and has also used her profits to send medicine to support her sick aunt in Guinea.

    FUTURE
    In the future, Maimouna hopes to take out a larger loan to make a greater impact on her business. She said her current loan is helping her buy more products, but she hopes with a larger loan she can have a fixed place to sell palm oil which will attract more customers.

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  • Allen    Jun 1, 2011

    Hello from Senegal's Cleint Relations Manager. I recently went to Maimouna's place in the beachside neighborhood of Parcelles (unite 17 #4). We talked about her previous loans (one criteria for loan access). Maimouna explained to me that she had previously held three group loans (the sums above are her share of these collective loans), the last of which she paid back before the due date. Yet, as others had not done so all future loans were put on hold. Therefore, Maimouna was penalized for others actions and is trying to find another solution.
    I met two of her young children, one of which looked as though he had seem a ghost when he saw me!

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