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Fatimata
Mrs. Fatimata S., born in 1960, is married and the mother of 10 children, the oldest of whom is 30 years old. She has been running a business for 14 years. She sells fabrics, perfumes, incense and “pagnes” (traditional fabrics for wrap clothing), like the ones on the photo, produced by her husband. She has a knack for this trade as she comes from a family known in the commerce. What particularly attracts her to this business is the relationships she is able to build. Thus, in order to produce “pagnes”, she is seeking a loan of 200,000 West African Francs, to purchase cloth, threads and necessary accessories.
View original language description ↓
Madame Fatimata S. née en 1960 est mariée et mère de 10 enfants dont le plus âgé compte 30 ans. Elle s’active dans le commerce depuis 14 ans. Elle vend, en effet, des tissus, parfums, encens et des pagnes tissés (comme ceux sur la photo) par son mari. Elle tient le goût du commerce de sa famille composée de grands commerçants. Ce qui l’intéresse le plus de son commerce c’est le coté relationnel qu’elle crée. Ainsi, pour la confection de pagnes, elle sollicite un prêt de 200 000 FCFA pour l’achat de tissus, de fils et d’accessoires nécessaires.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 488.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Fatimata purchasing raw materials for the production of traditional 'pagnes" fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2010
Listed
Apr 7, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011