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Fatou
Fatou is 38 years old and lives in Senegal. She is actively involved in selling food products at her local market. This is an activity she has chosen out of necessity, in order to have an income. She has been a member of one of UIMCEC branches since 2006, and has already repaid three previous loans. She is requesting a loan of 150,000 francs for the purchase of food products. This will allow her to increase her stock of merchandise and to meet her customers' demand. Thanks to this loan, she will also be able to increase her profits, better provide for herself, and help her husband.
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Madame Fatou est âgée de 38 ans et vit au Sénégal. Elle s’active dans le commerce et la vente de denrées alimentaires dans le marché de la localité ou elle habite. C’est une activité qu’elle a choisi par nécessité dans le but de se procurer des revenus. Elle est membre d’un des guichets de l’U-IMCEC depuis 2006 et a déjà remboursé 3 prêts antérieurs. Elle sollicite un crédit de 150 000 frs prévu pour l’achat de denrées destinées a augmenter son stock de produits dans l’objectif de satisfaire la demande de la clientèle. Ce financement lui permettra d’accroitre ses bénéfices, de mieux se prendre en charge et aussi de soutenir son mari.

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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 491.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Fatou to buy food products for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2012
Listed
Apr 6, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 19, 2013