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Fatou Diop
Fatou is a married woman who lives in Senegal. She has been an active merchant for the past five years. Fatou specializes in the sale of cosmetics and used clothing. This business allows her to earn enough money so that she can take care of her children.

Fatou is a member at one of the branches of UIMCEC and has obtained three prior loans. She is currently seeking a new loan of 100,000 francs CFA that she will use to purchase her retail products. Fatou wants to build her working capital and expand her merchant activity.

The increase in her income would allow Fatou the opportunity to save more money and progressively increase her working capital. Fatou's next project is to open a store where she can display her retail goods.
View original language description ↓
Mme Fatou est une femme marié qui habite au Sénégal. Elle s’active dans le commerce depuis 5 ans. Elle est spécialisée dans la vente de produits cosmétiques et d’habits de friperie. Cette activité lui lui procure des bénéfices lui permettant de prendre soins de ses enfants. Membre de l’un des guichets de l’U-IMCEC où elle a déjà obtenu 03 prêts antérieurs, elle sollicite a nouveau un montant de 100.000 francs CFA qui sera destiné a l’achat des produits qu’elle commercialise. Elle souhaite en effet renforcer son fonds de roulement et développer son activité de commerce. L’augmentation des profits qu’elle gagne lui donnerait l’opportunité d’épargner plus d’argent pour renforcer progressivement son fond de roulement. Son futur projet est d’ouvrir un magasin où elle pourra exposer les produits de son commerce.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 505.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Fatou Diop to purchase cosmetic products and used clothing for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013