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Ngoné
Mrs. Ngoné is a divorcee who has been in business for 22 years. She manages a public faucet and sells drinkable water. She also sells hay and cattle feed. The earnings from her business allow her to help manage her family’s daily expenses where she lives. She is a member of one of the U-IMCEC branches, where she has already repaid a previous loan. She is seeking a loan of 200,000 fr in the goal of stocking up on hay and cattle feed to sell. Her goal is to increase her income in order to be able to improve her family’s eating conditions and to save up. Her future intention is to grow her business and to buy her own house.
View original language description ↓
Madame Ngoné est une femme divorcée qui s’active dans le commerce depuis 22 ans. Elle gère un robinet public et vende de l’eau potable. En meme temps elle pratique la vente de foin et d’aliment de bétail. Les revenus que lui procure son activité lui permettent de participer a la gestion de la dépense quotidienne de la famille ou elle vit. Elle est membre d’un des guichets de l’U-IMCEC ou elle a déjà remboursé un crédit antérieur. Elle sollicite un crédit de 200 000 frs dans le but de s‘approvisionner en foin et aliments de bétail destinés a la vente. Son objectif est d’améliorer ses bénéfices pour pouvoir participer a l’amélioration des conditions alimentaires de la famille et renforcer en meme temps son épargne. Son intention dans le futur est de développer son activité et acquérir sa propre sa maison.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 512.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ngoné to buy hay and cattle feed to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014