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Fatou
Fatou is married and lives in Senegal. She has been in commerce for over 20 years now. She sells secondhand clothing. She is a mother and in charge of a large family. The revenue from her business helps her to cover the daily expenses for her family. She is a member of one of the branches of the U-IMCEC, and she is seeking 400,000 frs to buy bundles of clothing to resell for her business. Her goal is to increase her profit in the hopes of developing her business more. Her biggest wish is to own a large clothing store in the future.
View original language description ↓
Madame Fatou est mariée et vit au Sénégal. Elle s’active dans le secteur du commerce depuis plus de 20 ans. Elle vend des habits de friperie. Elle est mère de famille et a en charge une famille élargie. Les revenus de son activité l’aident à faire face aux dépenses quotidiennes de sa famille. Elle est membre d’un des guichets de l’U-IMCEC et sollicite un crédit de 400 000 frs prévu pour acheter des balles d’habits qui seront destinés a la vente pour les besoins de son commerce. Son objectif est d’accroitre ses bénéfices dans le but de développer d’avantage son activité de commerce. Son plus grand souhait est de disposer dans le futur d’un grand magasin de vente d’habits.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,186,950
    Funds lent in using Kiva
  • 517.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Fatou to buy secondhand clothing intended for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013