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Médoune
Mr. Médoune D. is a married man who is 32 years old. After his studies he chose to be a businessman under the influence of his father who was an important businessman. He has now had 14 years experience in this profession. Mr. D. manages his own cafeteria and sells electronical equipment, mattresses, rugs and various other products.

He has been a member of U-IMCEC (a Senegalese association of mutual savings and loans associations) since 2008. He is asking for a second loan of 350,000 FCFA in order to strengthen his business. This money will allow him to stock up on mattresses which he will sell.
View original language description ↓
Monsieur Médoune D. est un homme marié âgé de 32 ans. C’est après ses études qu’il a choisi le métier de commerçant sous l’influence de son père qui était un grand commerçant. Il compte cependant une expérience de 14 ans dans ce secteur. Monsieur D. gère sa propre cantine et vend du matériel électronique, des matelas, tapis et divers autres produits.
Membre d’U-IMCEC depuis 2008, il sollicite pour la deuxième fois un crédit de 350 000 FCFA pour renforcer son activité. Cet argent va lui permettre de s’approvisionner en matelas destinés à la vente.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 482.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Médoune stock up on goods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2010
Listed
Mar 11, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010