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Baye Niass
This borrower is a young married man who has no children. He abandoned his studies two years ago as he did not have the means to pay for them. He then launched himself into the sale of telephone recharge cards, a business sector which is currently performing well. His income enables him to provide reasonably for his and his wife's needs. In order to expand his business, he is requesting a loan of 250,000 francs so that he can buy a stock of Orange, Tigo and Expresso cards. His ambition is to be able to set up his own store in the centre of town.
View original language description ↓
L'emprunteur est un jeune marié sans enfants.Il a arrété ses études depuis deux ans faute de moyens pour les prendre en charge.Il s'est alors lancé dans le commerce de cartes de recharge téléphonique, un secteur qui marche fort en ce moment. Ses revenus lui permettent de subvenir assez correctement à ses besoins et à ceux de son épouse. Pour augmenter son fonds de commerce, il sollicite un pret de 250000f pour acheter un stock de cartes orange, tigo et expresso.Son ambition est de s'implanter en pleine ville dans sa propre cantine.

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
  • 90
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 472.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD