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Ndeye Fatou
Ms. Ndeye Fatou is a married woman who lives in Senegal with her family. She works in commerce and sells vegetables and condiments, which constitute her main source of income. She capitalizes on over five years of experience in this business.

She is a member of a U-IMCEC branch where she has already paid back a previous loan. She is again requesting a loan of 200,000 francs CFA for purchasing the goods that she markets and that will be for sale. Her financing will bolster her working capital enabling her to purchase more vegetables, so as to satisfy her customers' growing demand for vegetables.

Consequently, with the increase in profits, she plans on diversifying her goods further to develop her business. She would like to have a big store, where she can operate her business.
View original language description ↓
Madame Ndeye Fatou est une femme mariée. Elle vit au Sénégal avec sa famille. Elle évolue dans le secteur du commerce et pratique la vente de légumes et de condiments qui constitue sa principale source de revenus. Elle capitalise une expérience de plus de 05 ans dans son activité. Elle est membre à de l’un des guichets de l’U-IMCEC ou elle a déjà remboursé un crédit antérieur. Elle sollicite à nouveau un crédit de 200.000 francs CFA prévu pour acheter les produits qu’elle commercialise et qui seront destinés à la vente. Avec son financement elle pourra renforcer son fonds de roulement ce qui lui permettra d’acheter d’avantage de légumes afin de satisfaire la demande croissante de sa clientèle. Par conséquent, avec l’augmentation de ses bénéfices, elle compte diversifier davantage ses produits pour développer son activité. Elle souhaite obtenir une grande boutique où elle pourra exercer son activité.

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 504.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ndeye Fatou to purchase vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014