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Penda
Ms. Penda is 43 years old and lives in a district in the Senegalese capital. She has been active in the restaurant sector for several years. She manages an eatery located near a large school in the town where she lives. In addition, many local companies are found close to one another, so this client has chosen this business to satisfy an important demand for food service there. Regarding her work, she is most satisfied with being able to respond to customer demands and also to earn in income.

She has been a member of a U-IMCEC branch office since April 2011. She is requesting a loan of 400,000 francs for expanding her eatery with the aim of coping with the influx of customers becoming more and more significant.

Her goal is to develop her business and to diversify her offerings. This financing will enable her to make more profit and to rely on herself to earn a living.
View original language description ↓
Madame Penda est âgée de 43 ans. Elle vit dans un des quartiers de la capitale sénégalaise. Elle s’active dans le secteur de la restauration depuis plusieurs années. Elle gère une gargote qui est située a proximité d’une grande école de la localité ou elle habite. En plus il y’a la cohabitation de beaucoup de sociétés de la place, ce qui fait que la cliente a choisi cette activité pour satisfaire l’importante demande qui provient de cette zone en matière de restauration. Sa plus grande satisfaction au niveau de son activité c’est le fait de répondre a la demande de la clientèle et aussi la procuration de revenus financiers. Elle est membre d’un des guichets de l’U-IMCEC depuis avril 2011. Elle sollicite un crédit de 400 000 frs prévu pour l’agrandissement de sa gargote en vue de faire face a l’affluence de la clientèle qui devient de plus en plus importante. Son objectif est de développer son activité et diversifier ses offres. Ce financement lui permettra de réaliser plus de bénéfices et de pouvoir compter sur elle-même pour se prendre en charge.

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
  • 44
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 492.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Penda to expand her little eatery, where she works as a restauranteur.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 15, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 20, 2013