Funded

Total loan: $575
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Fatou

Senegal
Senegal / Food Market

A loan of $575 helped to buy oil and powdered sugar to resell.


Fatou's story

Ms. Fatou is a married woman, 40 years old, and the mother of one child. Fatou has been a member of the 'banc villageois' since her first loan cycle. Her group is composed of women from the same district. They are united by good social and economic relationships. She has been in business selling grocery items for a long time and has good experience in this domain.

With the new loan of 300,000 francs, she is going to purchase oil and some powdered sugar that she will sell retail in the village. The profits generated from her business will enable her to bolster her saving account at the 'banc villageois' and to help out her husband in managing family expenses.

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 17, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 17, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services