Abdou Ba

Status: Paying Back

$600.00		Loan Amount

41% repaid

About the Entrepreneur

Name:	Abdou Ba
Location:	Thies, Senegal
Activity:	Tailoring

About the Loan

Loan Amount:	$600.00
Loan Use:	To buy fabrics
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Apr 28, 2009
Date Disbursed:	Apr 17, 2009
Date Funded:	Apr 29, 2009

About the Field Partner

Field Partner:

UIMCEC, a partner of ChildFund International

Field Partner Risk Rating:

(Learn more)

Active

21 months

1370

$532,800

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Senegal
Avg Annual Income:	$1,759.00
Currency:	Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:	503.7353 XOF = 1 USD

Mr. Abdou BA is a young married tailor who is 32 years old. He has a wife and children and lives in the Grand Thiès district. He has had his own workshop for six years. His work involves working by special order, and he has foreign customers (France and U.S.A.). With this loan, he wants to buy fabrics for making clothing to sell. He then hopes to earn a profit of 90,250 francs CFA, which he will be able to use to make loan interest payments and to invest the rest in his business.

Translated from French by Dan Kuey, Kiva Volunteer

Monsieur Abdou BA est un jeune tailleur marié qui est âgé de 32 ans et a deux femmes et des enfants. Il habite au quartier Grand Thiès et a son propre atelier de tailleur depuis 6 ans. Son activité consiste à travailler sur commande et a des clients à l’extérieur (France et USA). Avec ce prêt il veut acheter des tissus qu’il confectionne pour les revendre. Après la vente il espère d’avoir un bénéfice de 90,250 CFA ($180) avec lequel il pourra rembourser les intérêts de son prêt et le reste il va l’investir dans son activité.

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Journal entries for Abdou Ba

Loan has been disbursed Entrepreneur: Abdou Ba Location: Thies, Senegal Thank you for your loan. It has been disbursed to Abdou BA by UIMCEC, a partner of Christian Children's Fund in Senegal. We are excited to watch this business grow. Over the 12 months of this loan, UIMCEC, a partner of Christian Children's Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Thies, Senegal Apr 30, 2009
Comment on this entry

Kiva Field Update - Message from Senegal Entrepreneur: Abdou Ba Location: Thies, Senegal Hi Kiva lenders! You are receiving this journal update to thank you for the Kiva loan you made to a client of IMCEC, a partner MFI in Senegal, West Africa. IMCEC (also known as "UIMCEC") is working on putting in place an efficient, well-oiled system for sending journal updates. However, for the moment, they're a bit behind schedule! Please accept the video below in lieu of your regularly scheduled journal update. I hope that, through this video, you will feel a stronger connection to IMCEC and its clients. As you will see, there is lots of energy and life that goes into running an MFI, and IMCEC and its borrowers are grateful for the support of Kiva and lenders like you. Enjoy the video, and thank you for your continued support of Kiva and IMCEC! Best regards, Abby Gray Kiva Fellow in Senegal
Posted by JD Bergeron, Kiva Staff, from San Francisco, United States Jun 11, 2009
Comments (18)

Repayment Schedule for Abdou Ba

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2009	$50.00	$50.00	Repayment Received
August 2009	$50.00	$50.00	Repayment Received
September 2009	$50.00	$50.00	Repayment Received
October 2009	$50.00	$50.00	Repayment Received
November 2009	$50.00	$50.00	Repayment Received
December 2009	$50.00	Available Dec 1
January 2010	$50.00	Available Jan 1
February 2010	$50.00	Available Feb 1
March 2010	$50.00	Available Mar 1
April 2010	$50.00	Available Apr 1
May 2010	$50.00	Available May 1
June 2010	$50.00	Available Jun 1