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Mame Loty
Madame Mame Loty is married, and lives in Senegal. She has been a retailer for 15 years. She sells vegetables, generating profits that she uses for her everyday expenses.

Madame Loty owns a house and has begun making some improvements. She is asking for a loan of 500,000 francs from the U-IMCEC branch where she is a member. She has already repaid six previous loans. This new loan will allow her to improve her children's standard of living.
View original language description ↓
Madame Mame Loty est une femme mariée qui vit sur le territoire sénégalais. Elle s’active dans le secteur du commerce depuis plus de 15 ans. Elle pratique la vente de légumes qui lui génère des bénéfices grâce auxquels elle gère ses besoins quotidiens. Elle est en possession d’une maison où elle a entamé des constructions. Elle sollicite un crédit de 500000frs dans le guichet de l’U-IMCEC ou elle est membre. Elle a déjà remboursé 6 prêts antérieurs. Ce financement lui permettra d’améliorer le cadre de vi de sa progéniture.


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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Senegal

  • $1,759
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 533.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mame Loty to buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013