Cheikh Mbacké Mbaye


Status: Paying Back

$425.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Cheikh Mbacké Mbaye
Location: Mbour, Senegal
Activity: Fish Selling

About the Loan

Loan Amount: $425.00
Loan Use: To buy large amount of fish for reselling
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 24, 2009
Date Disbursed: Jun 18, 2009
Date Funded:Jun 25, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:473.6562 XOF = 1 USD



Cheikh Mbacké Mbaye is a fish wholesaler at the fishing harbor of Mbour, along the Petite Côte. He sells fish and seafood to hotels and transformation factories. This loan will enable him to buy larger amount of fish on the pirogues, and to sell more. This job enables him to provide for his family.

Translated from French by Patrick Stadelmann, Kiva Volunteer


Cheikh Mbacké Mbaye est un mareyeur qui a ses activités au niveau du port de pêche de Mbour ville de la petite côte. Il vend du poisson et des fruits de mer aux hôtels et les usines de transformation. Ce prêt lui permettra d’augmenter ses achets de marchandises sur les pirogues afin de les revendre. Ce métier lui permet de nourrir sa famille.


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Journal entries for Cheikh Mbacké Mbaye


Loan has been disbursed
 
Entrepreneur: Cheikh Mbacké Mbaye
Location: Mbour, Senegal

Thank you for your loan. It has been disbursed to Cheikh Mbacké Mbaye 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
Jun 26, 2009
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Kiva Help Repayment Schedule for Cheikh Mbacké Mbaye

  Expected Repayments Actual Repayments Comments
October 2009 $35.42 $35.42 Repayment Received
November 2009 $35.42 $35.42 Repayment Received
December 2009 $35.42 $35.42 Repayment Received
January 2010 $35.42 Available Jan 1  
February 2010 $35.42 Available Feb 1  
March 2010 $35.42 Available Mar 1  
April 2010 $35.42 Available Apr 1  
May 2010 $35.42 Available May 1  
June 2010 $35.42 Available Jun 1  
July 2010 $35.42 Available Jul 1  
August 2010 $35.42 Available Aug 1  
September 2010 $35.38 Available Sep 1