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Adama Alassane
This young man was trained to make pastries and to manage a bakery. He started his own business and his bakery, located in a major hub, has allowed him to build a clientele through the tourist attractions and restaurants of the area.

He is the main support of a very large family whose youth are mostly unemployed. As a result, he uses all his profits to take care of his parents and siblings.

He is seeking a loan of 250, 000F to replenish his stock by purchasing sacks of flour, yeast, sugar and iodized salt. His goal is to open a large food store in his neighborhood
L'emprunteur est un jeune qui a reçu une formation en pâtisserie et gestion de boulangerie.Il s'est installé à son compte et la position de sa boulangerie, située dans un grand carrefour lui a permis de gagner des marchés dans des établissement touristiques et restaurants de la place.Il es le principal soutien d'une famille très large et dont la majorité des jeunes sont dans le chômage.Ce qui fait qu'il dépenses toutes ses bénéfices dans l'entretien de ses deux parents et de ses frères et sœurs. Il sollicite un crédit de 250 000F pour renforcer son stock en achetant des sacs de farines, de la levure, du sucre et du sel iodé. Il ambitionne d'ouvrir une grande alimentation dans sa localité.

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
  • 31
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 455.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Adama Alassane to buy sacks of flour, yeast, sugar and iodized salt.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2012