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Chérif  Dié
Chérif Dié is a married carpenter with 2 dependent children. He buys tree trunks from woodcutters and makes sculptures, mortarboards and other tools which he then sells at the local market. His income allows him to take care of his little family and cover his own needs.

Chérif Dié is requesting a loan of 200 000 francs from UIMCEC to boost his working capital. He will use the money to buy 4 tree trunks and some varnish. He would eventually like export his products to sub-regional and western markets.
L'emprunteur est un homme marié qui a à sa charge ses deux enfants et sa femme.Il exerce le métier de charpentier.Il achéte des troncs d'arbres aux bucherons et fabrique des objets d'art, des mortiers et divers autres outils qu'il vend sur le marché local.Son activité lui permet d'entretenir sa petite famille et de subvenir à ses propres besoins.Il sollicite un prêt de 200000f de l'UIMCEC pour renforcer son fonds de commerce.Il compte acheter avec ce montant 4 troncs d'arbres morts et du vernis.Son ambition est d'exporter ses produits vers les marchés de la sous- région et en occident.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 487.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Chérif Dié to buy 4 tree trunks and some varnish.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012