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Alpha
Alpha is a young bachelor. He sells shoes and clothing at the central market in his town. He buys his supplies wholesale in the capital, and retails his products.

He manages to turn a profit that enables him to take good care of his younger brothers and sisters, whom he has to support.

To bolster his business, he's seeking a loan of XOF 400'000 in order to buy three boxes of shoes and jeans. He ambitions to open a second shop.
View original language description ↓
L'emprunteur est un jeune célibataire qui vend des chaussures et des habits au marché central de sa localité.Il s'approvisionne en gros dans la capitale et revend ses articles au détail. Il parvient à obtenir des bénéfices qui lui assurent une bonne prise en charge de ses petits frères et sœurs qui sont tous à sa charge. Pour augmenter son fonds de commerce , il sollicite un prêt de 400000f pour acheter trois caisses de chaussures et des pantalons "jean". Son ambition est d'ouvrir une seconde 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

  • $1,759
    Average annual income
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 492.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Alpha to buy three boxes of shoes and jeans.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 18, 2012