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Anta
Ms. Anta D. has been a divorced woman restauranteur since 2004. She has two children to support. With her restaurant, she ensure a minimal living standard (she pays for her rent, food, and schooling costs for the children). She was renting the restaurant where she operated. The owner of the premises saw her business being developed and asked her to give up the place because he wants to do business.


Ms. Anta came to see IMCEC for help with investing in an adjacent place her relatives let her have. With this loan, she's going to buy cement, paint, tables, and chairs, and the rest will be for augmenting her working capital. This working capital is the money she will use to buy rice, fish, flour, meat... to make meals. Her children eat at the restaurant. Each day, she earns over 2,000 francs CFA that she deposits into a bank. She will then have 60,000 francs at the end of the month, which will enable her to honor her 40,250 francs loan payments and to keep 18,750 francs in savings.

View original language description ↓
Madame Anta D. est une femme divorcée restauratrice depuis 2004, ayant deux enfants en charge. Avec son restaurant elle assure le minimum vital (payer son loyer, sa nourriture et les frais de scolarité des enfants) ; elle loue le restaurant où elle mène ses activités. Le propriétaire des locaux voyant son affaire se développer lui demande de lui rendre son local car il veut mener des activités. Madame Anta est venue voir l’IMCEC pour l’aider à investir sur une surface d’à côté que lui a cédé une de ses relations. Avec son crédit elle va acheter le ciment et la penture, les tables et les chaises, le reste elle va augmenter son fonds de roulement. Le fonds de roulement c’est l’argent avec lequel elle achète le riz, le poisson, la farine, la viande… pour préparer les repas. Ses enfants mangent au restaurant. A chaque jour elle réalise un surplus de 2000 FCFA ($4) qu’elle garde à la banque. Elle aura donc à la fin du mois 60000 FCA ($120), ce qui lui permettra d’honorer ses échéances de remboursements 40 250 FCFA ($80) et de garder en épargne 18 750 FCFA ($20).

Additional Information

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.

About Senegal

  • $1,759
    Average annual income
  • 33
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 499.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Anta to buy fixed assets for a restaurant.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2009
Listed
Apr 30, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010