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Ndiga
Mr. Ndiaga B. is a 40-year-old storekeeper who has been advancing for the past 25 years in buying and selling diverse local products (millet, corn, rice). Before this, he had started selling things from a cart. He has been a member of the Yoff group fund since 2007 but has never taken a loan. He is a married father of 8 children between the ages of 10 and 28. It was the friend of a friend who introduced him to this business which has brought him a lot. He is seeking a loan for 500,000 francs to buy products that he sells in order to build up his business. The growth of his earnings will allow him to better meet the needs of his family.
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Monsieur Ndiaga B. est un commerçant de 40 ans qui évolue depuis plus de 25 ans dans l’achat et la vente de produits locaux divers (mil, mais, riz).Auparavant il a démarré avec l’activité de charretier. Il est membre de la caisse de Yoff depuis 2007 mais n’a jamais bénéficié de crédit. Il est marie et père de 8 enfants qui ont entre 10 et 28 ans. C’est par l’intermédiaire d’un ami qu’il s’est oriente dans ce commerce qui lui a beaucoup rapporte. Il sollicite un crédit de 500 000 frs prévu pour l’achat des produits qu’il commercialise afin de développer d’avantage son activité de commerce. L’accroissement de ses bénéfices lui permettra de mieux prendre en charge les besoins de sa famille.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 532.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Ndiga to increase working capital.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 26, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011