Alassane Balde


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Entrepreneur

Name: Alassane Balde
Location: Ziguinchor, Senegal
Activity: Dairy

About the Loan

Loan Amount: $975.00
Loan Use: purchase of milk for processing
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2008
Date Disbursed: Jun 9, 2008
Date Funded:May 26, 2008
Loan Ended:May 15, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:419.2368 XOF = 1 USD



This young stockbreeder has invested in the pasteurisation of milk in order to participate in the development of his country. He wants to buy a large quantity of milk regularly in response to the demand of his clientele for buttermilk or fresh milk packaged in bags of 1/4 liter each. This loan will permit him to reinforce his position in the burgeoning milk industry which contributes to the struggle against malnutrition in this part of Senegal.

Translated from French
by Teresa Kramer, Kiva volunteer

Ce jeune éleveur s'est investi dans la pasteurisation du lait pour participer au développement de son pays. Il veut acheter réguliérement de grande quantité de lait pour répondre à la demande de sa clientéle en lait caillé ou lait frais mis en sachet dans des emballages de 1/4l. Ce crédit lui permettra donc de conforter sa position de PME émergente dans la filiére lait qui contribue à la lutte contre la malnutrition dans cette partie du Sénégal.


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Journal entries for Alassane Balde


Loan has been disbursed
 
Entrepreneur: Alassane Balde
Location: Ziguinchor, Senegal

Thank you for your loan. It has been disbursed to Alassane Balde by UIMCEC in Senegal. We are excited to watch this business grow. Over the next 10 months, UIMCEC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ziguinchor, Senegal
Jun 10, 2008
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Kiva Help Repayment Schedule for Alassane Balde

  Expected Repayments Actual Repayments Comments
September 2008 $97.50 $98.00 Repayment Received
October 2008 $97.50 $98.00 Repayment Received
November 2008 $97.50 $98.00 Repayment Received
December 2008 $97.50 $98.00 Repayment Received
January 2009 $97.50 $95.50 Repayment Received
February 2009 $97.50 $97.50 Repayment Received
March 2009 $97.50 $97.50 Repayment Received
April 2009 $97.50 $97.50 Repayment Received
May 2009 $97.50 $97.50 Repayment Received
June 2009 $97.50 $97.50 Repayment Received