Ibrahima Traore


Status: Paying Back

$450.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Ibrahima Traore
Location: Mbour, Senegal
Activity: Services

About the Loan

Loan Amount: $450.00
Loan Use: To buy chairs
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 27, 2009
Date Disbursed: May 26, 2009
Date Funded:May 27, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:468.2721 XOF = 1 USD



Ibrahima Traoré is a teacher in a primary school in the suburbs of the coastal city of Mbour, located 70 km from Dakar. To support his village with organizing family and cultural ceremonies, he bought chairs that he rents out. His first loan had allowed him to buy a hundred chairs for the village. Faced with a strong demand for chairs from the population, he's requesting a new loan from the bank. The revenues derived from his business enables him to make it to the end of each month.

Translated from French by Dan Kuey, Kiva Volunteer


Ibrahima Traoré est enseignant dans une école primaire situé dans la banlieue de Mbour ville côtière situé à 70 km de Dakar. Pour appuyer le village dans l’organisation des cérémonies familiales et culturelles il a acheté des chaises qu’il loue. Son premier prêt lui avait permis d’acheter une centaine de chaises pour le village. Face à la forte demande en chaises des populations il sollicite un nouveau prêt au niveau prêt à la caisse. Les revenus tirés de cette activité lui permettent d’arrondir les fins du mois.

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Lenders to this entrepreneur

Carol
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Canada

Teri
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Carla
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Lady Lodge Systems
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Amy
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wendy and karim
toronto, Ontario
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globalista
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Jan
Praha, Czech republic
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Anonymous

Rene
Eindhoven,
Netherlands

Jon
Girard, PA
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Journal entries for Ibrahima Traore


Loan has been disbursed
 
Entrepreneur: Ibrahima Traore
Location: Mbour, Senegal

Thank you for your loan. It has been disbursed to Ibrahima Traore 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 Mbour, Senegal
May 28, 2009
Comment on this entry

Kiva Field Update - Message from Senegal
 
Entrepreneur: Ibrahima Traore
Location: Mbour, 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)

Kiva Help Repayment Schedule for Ibrahima Traore

  Expected Repayments Actual Repayments Comments
August 2009 $37.50 $37.50 Repayment Received
September 2009 $37.50 $37.50 Repayment Received
October 2009 $37.50 $37.50 Repayment Received
November 2009 $37.50 $37.50 Repayment Received
December 2009 $37.50 Available Dec 1  
January 2010 $37.50 Available Jan 1  
February 2010 $37.50 Available Feb 1  
March 2010 $37.50 Available Mar 1  
April 2010 $37.50 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $37.50 Available Jun 1  
July 2010 $37.50 Available Jul 1