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Maguette
Maguette lives in Senegal. She is a married woman who has worked as a merchant for over 15 years. She sells fish and, thanks to the profits generated by her business, she is able to pay for the education of her two children.

Maguette is a member of one of the UIMCEC branches, and has already benefitted from four prior loans. She has requested a new loan of 300,000 francs CFA, which she plans to use to buy fish for resale. She also wants to consolidate her working capital and meet the growing demand from her customers. In the future, Maguette would like to develop her business and become a successful, well-known wholesale fish merchant.
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Madame Maguette vit au Sénégal. C’est une femme mariée qui pratique l’activité de commerce depuis plus de 15 ans. Elle est vendeuse de poissons et c’est grâce aux bénéfices générés par son activité qu’elle assure le paiement des frais scolaires de ses deux enfants. Elle est sociétaire de l’un des guichets de l’U-IMCEC où elle a déjà bénéficié de quatre prêts auparavant. Elle sollicite à nouveau un crédit d’un montant de 300.000 francs CFA qu’elle compte utiliser pour acheter des poissons destinés à la revente. Elle compte renforcer davantage son fond de roulement et satisfaire la demande croissante de sa clientèle. Son projet futur consiste a développer son activité et devenir une grande mareyeuse de renommée.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 492.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Maguette to buy fish for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014