Serigne Niang


Status: Paying Back

$600.00   Loan Amount
91% repaid

About the Entrepreneur

Name: Serigne Niang
Location: Mbour, Senegal
Activity: Clothing Sales

About the Loan

Loan Amount: $600.00
Loan Use: working capital
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 25, 2008
Date Disbursed: Nov 8, 2008
Date Funded:Oct 25, 2008

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:513.6675 XOF = 1 USD



Mr. Niang, 35, is married and the father of 3 children. He lives in the town of Mbour with his wife and his children. He has been working selling clothing for 5 years. He sells pants, shirts, and other clothing for men. With the loan, he will expand his inventory with a view to the back-to-school period during which there are lots of sales to be made.

Translated from French by Teresa Kramer, Kiva Volunteer


Mr NIANG est agé de 35ans ,il est marié et pére de 3 enfants.Il habite la ville de Mbour où il vit avec sa femme et ses enfants.Il exerce le métier de commerçant de vétements depuis 5 ans.Les objets qu' il vend sont les pantalons des chemises et autres vétements pour hommes.Avec le montant du pret obtenu il renforcera son stock de marchandise en vu des rentrées scolaires periode pendant laquelle les ventes sont importantes.

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Journal entries for Serigne Niang


Loan has been disbursed
 
Entrepreneur: Serigne Niang
Location: Mbour, Senegal

Thank you for your loan. It has been disbursed to Serigne Niang by UIMCEC, a partner of Christian Children's Fund in Senegal. We are excited to watch this business grow. Over the next 12 months, 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
Nov 9, 2008
Comment on this entry

Kiva Field Update - Message from Senegal
 
Entrepreneur: Serigne Niang
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 Serigne Niang

  Expected Repayments Actual Repayments Comments
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received
May 2009 $50.00 $50.00 Repayment Received
June 2009 $50.00 $50.00 Repayment Received
July 2009 $50.00 $50.00 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $50.00 $50.00 Repayment Received
October 2009 $50.00 $50.00 Repayment Received
November 2009 $50.00 $50.00 Repayment Received
December 2009 $50.00 $50.00 Repayment Received
January 2010 $50.00 Available Jan 1