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Fatou
Ms. Fatou F. is a divorced woman in charge of two children, whose ages range from 20 to 26 years. She is 44 years old and joined the Bambilor group fund in September 2009. She has been involved in the business sector for 5 years and is engaged in buying and selling oil. She started her business after having abandoned her studies. What interests her about business is the income it generates, thanks to which she is able to provide for herself. This loan of 300,000 frs that she is seeking will be used to buy 18 cans of oil, each containing 20 litres. The increase in her profits will help her manage the costs of educating her children.
Madame Fatou F. est une femme divorcée ayant en charge 2 enfants dont l’âge varie entre 20 et 26 ans. Elle est âgée de 44 ans et a adhéré à la caisse de Bambilor depuis septembre 2009. Elle évolue depuis 5 ans dans le secteur du commerce et s’active dans l’achat et la vente d’huile. C’est après avoir abandonne les études qu’elle s’est oriente dans ce commerce. Ce qui l’y intéresse c’est son aspect lucratif grâce auquel elle parvient à satisfaire ses besoins vitaux. Le prêt de 300 000 frs qu’elle sollicite sera destine a l’achat de 18 bidons d’huile de 20 litres chacun. L’accroissement de ses bénéfices pourra l’aider a gérer les frais de scolarité de ses enfants.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,190,625
    Funds lent in using Kiva
  • 534.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Fatou to increase her working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 23, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 27, 2010