Ibrahima Thiam


Status: Paying Back

$475.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Ibrahima Thiam
Location: Dakar, Senegal
Activity: Fishing

About the Loan

Loan Amount: $475.00
Loan Use: Purchase of fabrics to diversify his income
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 3, 2009
Date Disbursed: Oct 28, 2009
Date Funded:Nov 4, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:443.7933 XOF = 1 USD



Mr. Ibrahima Thiam is a fisherman and a trader in Oukam, Dakar. Fishing is his main business but with the loan he would like to invest in fabric trading, his minor business. He would like to make a business trip to Mali, a neighboring country, to look for high quality fabrics especially 'Thioup' (tye and dye fabrics). Mr. Thiam hopes that this diversification of income will enable him to provide for the needs of his wife and six children. The photo of the fish is a magnificent example of Thiof, a fish that Senegalese really love.


Translated from French by Cletus Kuunifaa, Kiva Volunteer


M. Ibrahima Thiam est un pécheur et commerçant à Ouakam, Dakar. La péche est son activité principale, mais avec ce crédit il voudrait investir dans son activité secondaire: le commerce de tissus. Il voudrait faire une mission au Mali, le pays voisin, pour chercher des tissus de hautes qualités, en particulier les Thioup (les tissus teintés). Cette diversification de revenus, M. Thiam espére qu'il va lui permettre de survenir aux besoins de sa femme et de ses six enfants.

Le poisson sur la photo est un exemple magnifique de Thiof – un poisson vraiment aimé par les senegalais.


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Journal entries for Ibrahima Thiam


Loan has been disbursed
 
Entrepreneur: Ibrahima Thiam
Location: Dakar, Senegal

Thank you for your loan. It has been disbursed to Ibrahima Thiam by UIMCEC, a partner of ChildFund International in Senegal. We are excited to watch this business grow. Over the 12 months of this loan, UIMCEC, a partner of ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dakar, Senegal
Nov 5, 2009
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Kiva Help Repayment Schedule for Ibrahima Thiam

  Expected Repayments Actual Repayments Comments
January 2010 $39.58 Available Jan 1  
February 2010 $39.59 Available Feb 1  
March 2010 $39.58 Available Mar 1  
April 2010 $39.58 Available Apr 1  
May 2010 $39.59 Available May 1  
June 2010 $39.58 Available Jun 1  
July 2010 $39.58 Available Jul 1  
August 2010 $39.59 Available Aug 1  
September 2010 $39.58 Available Sep 1  
October 2010 $39.58 Available Oct 1  
November 2010 $39.59 Available Nov 1  
December 2010 $39.58 Available Dec 1