Check out some available loans that are similar to this one!
Fatou
Mrs. Fatou B. is a 48-year old woman who lives in Nimzath Guediawaye, and she has been a member of the U-IMCEC (a Senegalese association of mutual savings and loans institutions) savings bank in Baye Laye since 2002. She has already repaid six previous loans. She is married and mother to seven children, whose ages vary from four to 30 years old. Mrs. B. began a sewing activity in 1978. She has provided a service and worked at home since then. She chose this activity personally because she liked it. Her largest revenues are recorded during holiday periods (Tabaski or the sheep festival; Korite, which celebrates the end of Ramadan; and the end of the year). She is requesting a loan of 200,000 francs with the aim of rebuilding her workshop and putting up a closure for the facade of the sewing workshop. The loan will allow her to acquire machines to improve the profitability of her activity and also to improve the visibility of her salon so that she can become better known .
View original language description ↓
Madame Fatou B. est une dame de 48 ans qui habite a Nimzath Guediawaye et qui est membre de l’U-IMCEC a la caisse de Baye Laye depuis 2002. Elle a déjà rembourse 6 prêts antérieurs. Elle est mariée et mère de 7 enfants dont l’âge varie entre 4 et 30 ans. Madame B. a commence à pratiquer l’activité de couture depuis 1978. En cette période elle faisait des prestations de service et travaillait chez elle. Elle a choisi personnellement cette activité par amour. Ses plus grandes recettes sont enregistrées pendant les périodes de fêté (tabaski, Korite, Fin d’année). Elle sollicite un crédit d 200 000 frs dans le but de réfectionner son atelier et dresser une clôture pour la devanture de l’atelier de couture. C’est le crédit qui lui permet d’acquérir des machines pour améliorer la rentabilité de son activité, et aussi d’améliorer la visibilité de son salon de couture pour être mieux connue.

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,512,675
    Funds lent in using Kiva
  • 488.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Fatou rebuilding of workshop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011