Albert Lika Tine


Status: Paying Back

$825.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Albert Lika Tine
Location: Thies, Senegal
Activity: Pub

About the Loan

Loan Amount: $825.00
Loan Use: To buy alcoholic drinks for resale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 30, 2009
Date Disbursed: Mar 26, 2009
Date Funded:Mar 30, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:494.1950 XOF = 1 USD



Mr. Albert Lika TINE is a bartender located in the Mbour 1 district of Thiès, a city situated 70 km from Dakar, the capital of Sénégal. He is married and started his business with his own funds. He requested this loan to bolster his business in response to the Easter holidays. His work consists in buying and reselling alcoholic drinks. The revenues enable him and his family to live decently.

Translated from French by Dan Kuey, Kiva Volunteer


Monsieur Albert Lika TINE est un barman sis au quartier Mbour 1 de Thiès, une ville située à 70 kilomètres de Dakar, la capitale du Sénégal. Il est marié et a démarré son activité par ses propre fonds. Il a sollicité ce prêt pour renforcer son activité à fin de pouvoir faire face aux fêtes de Pacques. L’activité consiste a l’achat et revente de boissons alcoolisées. Les revenus lui permettent de bien vivre avec sa famille.

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Journal entries for Albert Lika Tine


Loan has been disbursed
 
Entrepreneur: Albert Lika Tine
Location: Thies, Senegal

Thank you for your loan. It has been disbursed to Albert Lika TINE 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 Thies, Senegal
Mar 31, 2009
Comment on this entry

Kiva Field Update - Message from Senegal
 
Entrepreneur: Albert Lika Tine
Location: Thies, 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 Albert Lika Tine

  Expected Repayments Actual Repayments Comments
June 2009 $68.75 $68.74 Repayment Received
July 2009 $68.75 $68.75 Repayment Received
August 2009 $68.75 $68.75 Repayment Received
September 2009 $68.75 $68.76 Repayment Received
October 2009 $68.75 $68.75 Repayment Received
November 2009 $68.75 $68.75 Repayment Received
December 2009 $68.75 Available Dec 1  
January 2010 $68.75 Available Jan 1  
February 2010 $68.75 Available Feb 1  
March 2010 $68.75 Available Mar 1  
April 2010 $68.75 Available Apr 1  
May 2010 $68.75 Available May 1