Fatou is a regular client, and has already received and benefitted from five loans through IMCEC. She wants to renew her loan so that she can improve her place of business by purchasing cups, glasses, plates...
Fatou has three children, the eldest of whom is eleven years old. Fatou helps with the management of household expenses by selling breakfasts. Fatou has a project where she would like to open a shop and sell various items, including clothing and dishes.
Fatou est une cliente régulière et a déjà eu à bénéficier de cinq crédits au sein de l’IMCEC. Elle veut renouveler pour aménager un peu le lieu de l’activité, acheter des tasses, des verres, des plats…
Fatou a 3 enfants dont le plus âgé a 11 ans. Fatou donne sa participation à la gestion de la maison en donnant le petit déjeuner.
Fatou a un projet, celui d’ouvrir une boutique de vente de divers (habillement, vaisselles).
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 UIMCECThis 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.
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Success!! The loan was 100% repaid