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El Hadji Mansour
The borrower is a tire repairman, married with no children. He also opened a little store next door to his workshop where he sells spare parts for cars and motorcycles. He learned his trade for six years before setting up on his own.

Today he buys wholesale tires and inner tubes and various other products that he sells retail to customers in his locality. He lives in a town that is principally characterized, among other things, by thousands of "Jakarta" motorcycles that take care of urban transport. This is why, in view of the strong demand for spare parts, he is asking U-IMCEC for a loan of 250,000 francs to buy 50 tires, 50 inner tubes, 50 tubes of glue, 10 cases of acid and various other spare parts.

The profit from the sale of this stock will allow him to support himself and his family. His ambition is to open up a big store selling spare parts and tires wholesale.
View original language description ↓
L’emprunteur est un vulcanisateur marié sans enfant. Il a ouvert en même temps à coté de son atelier une cantine pour vendre des pièces détachées auto et moto. Il a appris son métier pendant 6 ans avant de s’implanter à son propre compte. Aujourd’hui, il s’approvisionne en gros en pneus, en chambre à air et d’autres produits divers qu’il revend au détail auprès des usagers de sa localité. Il habite dans une ville dont l’une des principales caractéristiques est la présence de milliers de motos « jakarta » qui assurent l’essentiel du transport urbain. C’est pourquoi, face à la forte demande en pièces détachées, il sollicite auprès de l’IMCEC un prêt de 250000F pour acheter 50 pneus, 50chambres à air, 50 paquets de colle, 10 caisses d’acide et d’autres pièces diverses.
Les bénéfices tirés de la vente de ce stock lui serviront à supporter les dépenses d’entretien de sa famille et de prise en charge de ses propres besoins .Il ambitionne de créer un grand magasin de vente en gros de pièces détachées et de pneus.

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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 461.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped El Hadji Mansour to buy various spare parts and other supplies for cars and motorcycles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012