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Yandé
The borrower is a married woman and the mother of 8 children, 3 of whom attend school. She runs a food store in her village. 2 of her sons are fishermen and have a large hand-crafted canoe. They go to sea for 15 days at a time and earn a significant income when the catch is good. The family´s essential needs are taken care of thanks to this fishing activity.

In order to be able to modernise the fishing equipment, this good woman is requesting a loan of 250 000 francs with which she plans to buy a new engine for the canoe. She has already promptly repaid 4 previous UIMCEC loans. Her aim is to build a family home.
L'emprunteuse est une femme mariée , mère de huit enfants dont trois vont à l'école.Elle tient une boutique alimentaire dans son village. Deux de ses fils sont des pêcheurs et disposent d'une grande pirogue artisanale .Ils vont en mer pour 15 jours et obtiennent des revenus assez importants lorsque les prises sont bonnes.L'essentiel des besoins de la famille sont satisfaits grâce à cette activité de pêche. Ainsi, pour moderniser l' équipement de pêche, cette brave femme sollicite un pret de 250000 f pour acheter un moteur neuf pour la pirogue.Elle a déjà payé à l'UIMCEC 4 prêts sans aucun retard. Son ambition est de construire la maison familiale.

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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,925
    Funds lent in using Kiva
  • 501.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Yandé to buy a new engine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 2, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013