Youssou Cisse


Status: Paying Back

$850.00   Loan Amount
24% repaid

About the Entrepreneur

Name: Youssou Cisse
Location: Mbour, Senegal
Activity: Phone Use Sales

About the Loan

Loan Amount: $850.00
Loan Use: buying more phone cards to sell
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 8, 2009
Date Disbursed: Jun 17, 2009
Date Funded:Jul 16, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:471.9677 XOF = 1 USD



Youssou Cisse is a distributor for telephone cards. He goes around the town of Mbour every day to sell these phone cards. With the expansion of the use of cell phones in Sénégal, the market for phone cards is strong. At 29, he is still unmarried. The income from his work allows him to put aside savings in view of preparing for his marriage. With the loan that he is requesting, he intends to grow his business by buying more phone cards so as to keep up with customer demand.

Translated from French by Teresa Kramer, Kiva Volunteer


Youssou cisse est un distributeur de cartes de crédit téléphonique .Chaque il fait le tour de la ville de Mbour pour vendre des cartes téléphoniques .Avec l’essor du téléphone mobile au Sénégal le marché de la distribution de carte de crédit téléphonique marche fort. A 29 ans il est toujours célibataire .Les revenus titrés tiré de son activité lui permettent de faire des économies en vu de préparer son mariage. Avec le prêt qu’il sollicite il compte accroitre ses activités en achetant plus de produits pour faire face à la forte demande des clients.

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Journal entries for Youssou Cisse


Loan has been disbursed
 
Entrepreneur: Youssou Cisse
Location: Mbour, Senegal

Thank you for your loan. It has been disbursed to Youssou Cisse 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
Jul 17, 2009
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Kiva Help Repayment Schedule for Youssou Cisse

  Expected Repayments Actual Repayments Comments
September 2009 $70.83 $70.83 Repayment Received
October 2009 $70.83 $70.83 Repayment Received
November 2009 $70.83 $70.83 Repayment Received
December 2009 $70.83 Available Dec 1  
January 2010 $70.83 Available Jan 1  
February 2010 $70.83 Available Feb 1  
March 2010 $70.83 Available Mar 1  
April 2010 $70.83 Available Apr 1  
May 2010 $70.83 Available May 1  
June 2010 $70.83 Available Jun 1  
July 2010 $70.83 Available Jul 1  
August 2010 $70.87 Available Aug 1