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Alioune
Mr. Alioune lives in Senegal. He is married, 57 years old, and a retiree who is very devoted to selling tea. His goal is to acquire the revenues enabling him to round out his retirement pension and to cover this expenses.

Mr. Alioune has been a member of one of the U-IMCEC branches for eight years. He is requesting a loan of 300,000 francs for a supply of tea, which will help him to meet the burgeoning demand of his customers for this product that is currently consumed a great deal in Senegal. This financing will allow him to increase his profits in order to support himself better, as well as those near and dear to him.
View original language description ↓
Monsieur Alioune habite au Sénégal. Il est marié et âgé de 57 ans. C’est un retraité qui s’adonne à la vente de thé dans le but de se procurer des revenus qui lui permettront de compléter sa pension de retraite et couvrir ses charges. Il est membre d’un des guichets de l’U-IMCEC depuis 8 ans. Il sollicite un crédit de 300 000 frs prévu pour son approvisionnement en thé ce qui l’aidera a satisfaire la demande de plus en plus croissante de sa clientèle pour ce produits actuellement très consommé au Sénégal. Ce financement lui permettra d’accroitre ses bénéfices pour mieux se prendre en charge et soutenir ses proches.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 473.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Alioune to buy tea to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Sep 16, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2012