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Ndeye Magatte
Ms. Ndeye Magatte is a married woman who has been working in commerce for six years. She is specialized in selling peanut paste in the town were she lives. She is a member of a U-IMCEC branch office and is requesting a loan of 300,000 francs for buying products for bolstering her inventory. She would like to increase her sales volume to boost her profits, so she can save money.
Madame Ndeye Magatte est une femme mariée qui exerce l’activité de commerce depuis 6 ans. Elle est spécialisée dans la vente de pâte d'arachide dans la localité ou elle habite. Elle est membre d’un guichet de l’UIMCEC et sollicite un crédit de 300 000 frs prévu pour l’achat de produits qui seront destinés a renforcer son stock. Elle souhaite accroitre la quantité de produits a vendre dans le but d' augmenter le niveau de ses bénéfices pour pouvoir épargner.

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
  • 28
    View loans »
    Senegal Loans Fundraising
  • $12,994,300
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ndeye Magatte to buy peanut paste for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013