The borrower is a young man operating a combined stationery and bookstore business in his area. He sells school supplies, office supplies and computer accessories. His business activity ensures sufficient income to support his own needs and those of his family. To increase his working capital and meet the high demand at the beginning of the school year, he is applying for a loan of 500,000 F to buy notebooks, pens, chalk and various other items. His ambition is to set up a wholesale department store for school and office supplies.
L'emprunteur est un jeune qui tient une librairie- papeterie dans sa localité.Il vend des fournitures scolaires, des fournitures de bureau ainsi que des accessoires informatiques.Son activité lui assure des revenus qui lui permettent de prendre en charge ses propres besoins ainsi que ceux de sa famille.Afin d'augmenter son fonds de commerce et faire face à la forte demande en cette période de rentrée des classes, il sollicite un pret de 500000F pour acheter des cahiers, des bics, de la craie et d'autres articles divers.Son ambition est d'établir un grand magasin de vente en gros de fournitures scolaires et bureautique.
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.