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Mamadou
Mr. Mamadou D. is a young man from Yoff. He is 25 years old, single, and has no children. Since 2005, he has been involved in sales, a choice made through his brother, a merchant.

He has been a member of the Yoff credit union since July 2010. He is requesting a loan of 300,000 francs to purchase cosmetic products for resale. His goal is to increase his stocks and further develop his business. The anticipated boost in his profits will help him improve his family’s living conditions.
Monsieur Mamadou D. est un jeune yoffois de 25 ans. Il est célibataire sans enfant. Il évolue depuis 2005 dans le secteur du commerce qu’il a choisi par le biais de son frère commerçant. Il est sociétaire de la caisse de Yoff depuis juillet 2010. Il sollicite un crédit de 300 000 frs prévu pour l’achat de produits cosmétiques qu’il commercialise. Son objectif est de renforcer son stock de produits et mieux développer son commerce. Ainsi l’accroissement de ses bénéfices pourra l’aider à améliorer les conditions de vie 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
  • 11
    View loans »
    Senegal Loans Fundraising
  • $12,847,250
    Funds lent in using Kiva
  • 470.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mamadou strengthen his working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012