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Fatou
Fatou lives in Senegal and has 30 years’ experience in the sale of fish products (dried fish, oysters, etc.). She is a member of a U-IMCEC branch located in the area where she lives. She spends eight hours per day working.

Fatou is a member of a U-IMCEC branch and has requested a loan of 500,000 francs. She will use this loan to buy fish products for sale through her business. She wants to increase her capital, develop her business and increase her profit. This will enable her to support her children by paying their school fees, as well as saving money for future needs.
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Madame Fatou vit au Sénégal et capitalise une expérience de 30 ans dans le commerce et la vente de produits halieutiques (poissons séchés, huitres, etc.). Elle est sociétaire de l’un des guichets de l’U-IMCEC localisé dans sa zone d’habitation. Elle consacre 8 heures de temps de la journée à son activité de commerce. Elle est membre d’un guichet de l’U-IMCEC et sollicite un crédit de 500 000 frs. L’objectif du prêt consiste a acheter des produits halieutiques qui seront destinés a la vente pour les besoins d son commerce. Elle souhaite augmenter son capital, développer son activité, accroitre ses bénéfices afin de pouvoir soutenir ses enfants dans le règlement des frais scolaires et aussi épargner de l’argent pour les besoins futurs.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 525.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Fatou to buy fish products for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2012