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Fatou
The borrower [Fatou] is a mature woman who is very enterprising. After several years of work, she was successful in finding a good location, well positioned in the town center, to open a restaurant. In it, she serves breakfast, lunch and dinner to a group of customers whose demand continues to increase. Her business brings in a monthly revenue large enough to take care of her family's academic, dietary and medical expenses and also the payment of her rent, water and electricity bills. She is a member of [U]IMCEC, where she is asking for a loan of 300,000 francs in order to increase her stock and buy sacks of vegetables, cracked rice and condiments. Her ambition is to open a new fast food restaurant to make hamburgers, as well as local shawarma [a type of sandwich/wrap] and fataya [a traditional Chicken dish].
View original language description ↓
L’emprunteuse est une femme d’âgée mure qui est très entreprenante. Au bout de quelques années de travail, elle a réussi à trouver un bon local, bien positionné au centre du village pour y implanter un restaurant. Elle y sert le petit déjeuner, le déjeuner et le diner a une clientèle devenu de plus en pus exigent.Son activité lui rapporte un revenu mensuel assez important pour la prise en charge de sa famille sur le plan scolaire, alimentaire, sanitaire mais aussi pour le paiement de la location et des factures d’eau et électricité. Elle est sociétaire de l’IMCEC ou elle sollicite un crédit de 300 000F pour augmenter son stock et acheter des sacs de légumes, de riz brisé, de légumes et des condiments. Son ambition est d’ouvrir un nouvel fast food pour faire des hamburger, des chawarma et des fatayas local.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 456.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Fatou to buy 10 sacks of rice, 5 sacks of cabbages, 10 cases of olive oil, 8 bottles of butane gas, 10 cases of carbonated soft drinks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Jul 25, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012