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Fatou
Mrs Fatou, aged 44 but looking younger, is a very active woman. She has been in her trade for more than six years. In the past she benefited from four loans granted by the microfinance institution U-IMCEC, which she has repaid successfully. In addition to being an experienced businesswoman, Fatou is the mother of eight children, the eldest being 28.

Fatou sells vegetables harvested on the fields of her next of kin, which reduces her purchase price. She seeks this loan to increase her supply of carrots, cabbages, peppers, eggplants, etc. Since she is a widow and the breadwinner of the family, she needs a higher profit margin to be able to provide her family with food.
View original language description ↓
La dame Fatou agée de 44 ans parraissant plus jeune que son âge est très active et exerce ce métier depuis plus de 6ans.Elle a eu à bénéficier de 4 crédits à l’IMCEC payés avec succès.En plus de son expérience avéré dans le commerce, Fatou est aussi mère de 8 enfants dont l’aîné à 28 ans.
Elle vend des lègumes provenant du champ de ses proches, ce qui réduit son coût d’achat.
Elle cherche le crédit pour renforcer son stock de carotte,choux,poivron,aubergine ….
Etant veuve et soutien de famille elle a besoin d’augmenter sa marge bénéficiaire pour pouvoir faire fasse aux dépenses alimentaires de la famille.



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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 452.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Fatou to buy vegetables (cabbages, carrots, eggplants, peppers) for sale at the market.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012