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Mame Faty
Ms. Mame Faty, aged 54, is a widow with three children to support. She has been active in commerce for several years. Her business involves selling secondhand clothing. She is requesting a loan of 500,000 francs CFA so that she can purchase five bales of various used clothing: shirts, pants, baby outfits, or T-shirts…

Ms. Faty is a good and honest woman who takes care of her children and their education. Thanks to the profits generated by her business, she is successful in satisfying their needs. She would like to open a big store for ready-to-wear clothing with an increase in her capital and her own funds.
View original language description ↓
Madame Mame Faty, âgée de 54 ans est veuve avec 3 enfants en charge. Elle s’active dans le commerce depuis plusieurs années. S on commerce consiste en la vente de friperie. Elle sollicite un crédit de 500000F CFA avec lesquelles elle pourra acheter cinq balles de friperie varié : soit des chemises, des pantalons, des habits pour bébé, des tee-shirts….
Mame Faty est une brave femme qui s’occupe de ses enfants et de leur éducation. C’est grâce aux bénéfices générés par l’activité qu’elle réussi à satisfaire leurs besoins.
Elle désire ouvrir un grand magasin de prêt à porter avec une augmentation de son capital et fond propre.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,825
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mame Faty to purchase five bales of secondhand clothing to resell (shirts, pants, ...).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014