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Fatoumata Bintou
Mrs. Fatoumata Bintou lives within walking distance from our office. She is divorced, with three children. In addition to her own children, she has two other dependents. For over 10 years, Mrs. Fatoumata has been in commerce: she buys food products such as milk, corned beef, sliced pineapples and dates. Her products come from Mauritania. She is seeking a credit of 250,000 [West African Francs] in order to buy more food products and increase her revenues. She plans to use her income to put money away as savings and provide for everyday family needs. Her goal is to open a large grocery store.
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Mme Fatoumata Bintou habite à quelques pas de l’institution, divorcée et mère de 3 enfants, elle a en charge en plus de ses enfants 2 autres personnes .Mme Fatoumata évolue dans le commerce depuis plus de 10 ans, elle achète des produits alimentaires comme du lait, des cornes bœufs, ananas tranches, des dattes venant tous de la Mauritanie. Elle sollicite un crédit de 250 000 pour acheter plus de produits alimentaires pour augmenter ses revenus, avec les bénéfices qu’elle aura elle pourra en épargner et satisfaire les besoins quotidiennes de la famille. Mme Fatoumata a comme ambition d’avoir une grande boutique d’alimentation.

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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,001,375
    Funds lent in using Kiva
  • 533.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Fatoumata Bintou to buy food products from Mauritania in order to resell them in front of her house, where she has her stand.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013