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Cheikh Tidiane
The borrower is a mature man, married and the father of four. Since many ears he has been working as a fish trader. He buys fish from the fishing areas in his region and resells them to factories that process it before exporting. This business has brought him steady income allowing him to provide for his family. He is seeking a loan of 500,000 West African francs in order to buy 10 cases of “thiof” [a species of grouper]. His goal is to become an exporter in his own right.
View original language description ↓
L'emprunteur est un homme agé, marié et père de quatre enfants.Il pratique depuis plusieurs années l'activité de mareyage.Il achéte du poisson sur les quais de peche de sa région et le revend à des usines qui le traitent avant de l'exporter.Cette activité lui assure pendant une bonne période de l'année des revenus consistants pour prendre en charge sa famille.Il sollicite un pret de 500000F pour acheter 10 caisses de "Thiof".Son ambition est d'exporter lui meme son produit.

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
  • $13,487,775
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Cheikh Tidiane to buy 10 cases of "thiof," a fish in the species of grouper.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012