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Mame Penda
Mrs Mame Penda is 43 years old. She lives in Senegal and works in catering (she sells lunch and dinner).She started her business serving snacks to her clients. Subsequently her customers demonstrated the need to buy lunch and dinner from her too. What interest her most in her commerce are the financial flow and her customers’ satisfaction. She has been a member of one of the branches of the U-IMCEC since November 2003. She requests a loan of 150 000 Frs. for the purchase of a stock of products that she uses for the preparation of the meals that she sells in order to sidestep inflation and maximise her profits. The profits made with her previous loans have enabled her to purchase her own freezer.
Madame Mame Penda est âgée de 43 ans. Elle vit au Sénégal et s’active dans le secteur de la restauration (vend déjeuner et diner). Elle a commencé ses activités en servant du goûter a ses clients. C’est par la suite que ces derniers ont manifesté le besoin d’acheter le déjeuner et le diner chez elle. Ce qui l’intéresse le plus dans son activité ce sont les flux financiers et la satisfaction de ses clients. Elle est membre d’un des guichets de l’U-IMCEC depuis novembre 2003. Elle sollicite un crédit de 150 000 frs prévu pour l’achat d’un stock de denrées qu’elle utilise pour la préparation des repas qu’elle commercialise afin de contourner l’inflation et maximiser ses bénéfices. Les bénéfices réalisés avec ses crédits précédents lui ont permis d’acheter son propre congélateur.

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
  • 29
    View loans »
    Senegal Loans Fundraising
  • $12,994,300
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Mame Penda to buy foodstuffs for the preparation of the meals that she sells.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Jan 31, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013