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Omar
Mr Omar D. is a young merchant of 35 years who specializes in the sale of clothing and plastic bags. He has been operating in this domain since 2000. He chose this activity through his parents mostly in the objective to make a living. He is requesting a 500,000 francs loan to bolster his stock of denim trousers, T-shirts and shirts. He hopes to increase his benefits and to improve the situation of his family, for whom he is the main provider. Mr D. has been a member of the Yoff credit union since October 2007. He already benefited from a prior loan. He is the father of two children aged one and three.
View original language description ↓
Monsieur Omar D. est un jeune commerçant de 35 ans qui est spécialisé dans l’habillement et la vente de sachets en plastique. Il évolue dans ce domaine depuis l’année 2000.C’est par l’intermédiaire de ses parents qu’il a choisi cette activité surtout dans le but de gagner sa vie. Il sollicite un crédit de 500 000 frs pour renforcer son stock de pantalons jean, de tee-shirt et de chemise dans l’espoir d’augmenter ses gains et améliorer la situation de sa famille dont il constitue le principal soutien. Monsieur D. est sociétaire de la caisse de yoff depuis octobre 2007. Il a déjà bénéficié d’un prêt antérieur. Il est père de 2 enfants dont l’âge varie entre 1 et 3 ans.

Additional Information

About UIMCEC

This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.

About Senegal

  • $1,759
    Average annual income
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 469.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Omar increase in working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Jan 30, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011