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Fatou
At 45 years old, Mrs. Fatou has been in retail for two years: she sells incense, but business is mostly active during the rainy and cold seasons. To keep busy, she recently started raising chickens for meat. She is requesting this loan to purchase 100 chicks and their feed.

Fatou is married and a mother of four; her two oldest children are girls. She does not have expenses beyond a monthly contribution to a neighborhood business association.

Mrs. Fatou wants to increase her savings to one day become financially independent.
View original language description ↓
Âgée de 45 ans, la dame Fatou fait du petit commerce depuis 2 ans : elle vend de l’encens mais surtout en période d’hivernage ou de froid. Pour ne pas rester inactive, elle a démarré récemment l’élevage de poulets de chair. Elle sollicite ce crédit afin de pouvoir acheter 100 poussins et leur alimentation.
Fatou est mariée et mère de 4 enfants dont l’ainé et le cadet sont toutes deux des filles. Elle n’a pas de charges sinon une tontine mensuelle dans le quartier.
Madame Fatou, veut fructifier son capital pour devenir un jour autonome financièrement.

Additional Information

More information about this loan

To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at  lower interest rates.

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
  • 30
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 478.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $225 helped Fatou to purchase 100 chicks to raise and resell.
30% repaid
Repayment Term
29 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2014
Listed
May 24, 2014
Currency Exchange Loss:
Possible