This loan enables vulnerable and marginalized business owners in Senegal to access working capital. Low income entrepreneurs can use this loan to buy items in bulk, like food and clothing, and resell them. With this loan, business owners can generate additional income to better provide for their families. This loan does not require collateral nor group guarantees in order to protect its most vulnerable clients. By supporting this loan, you are helping promote financial inclusion for Senegal’s vulnerable and marginalized populations.
About Fansoto:
Fansoto is a nonprofit microfinance institution based in Senegal that focuses on serving populations that are excluded from the traditional financial system, including vulnerable and underserved population groups. Alongside financial services, Fansoto provides trainings for their clients on a variety of themes, including financial education, economics, health, family, agriculture, and the environment. Fansoto will use Kiva financing to offer loans to underbanked populations in Senegal working in small enterprises, agriculture and livestock.
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