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Cheikh Oumar
For three years, this borrower has been running a grocery store. He pursued his studies up to the lycee (high school) but had to stop because of vision problems. Being no longer able to study, he became an apprentice in the store of his uncle, who later helped him to open his own grocery store.

Today he is requesting a loan of 500,000 francs from UIMCEC to buy two tons of rice, 200 liters of oil, and various other products. His ambition is to start working in import-export.
View original language description ↓
Depuis trois ans, l'emprunteur tient une boutique de vente de produits alimentaires.Il a suivi des études jusqu'au lycée mais a du arréter à cause de problèmes de vision.N'étant plus capable d'étudier, il s'engage comme apprenti dans la boutique de son oncle qui l'aidera plus tard à ouvrir sa propre boutique de vente de produits alimentaires.Aujourd'hui,il sollicite auprès de l'UIMCEC un pret de 500000F pour acheter 2 tonnes de riz, 200 litres d'huile et des produits divers.Il ambitionne de se lancer dans l'import - export.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,875
    Funds lent in using Kiva
  • 452.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Cheikh Oumar acheter 2 tonnes de riz , 200 liters of oil, and various other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Aug 31, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011