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Abdou
Abdou is a young man who lives in Senegal. He is 36 years old. He is married and has been working in retail for over 15 years.

He sells living room furniture, wall beds, slates, and refrigerators. He was influenced by his father in choosing this line of work. He has been a member of a branch of the U-IMCEC since September 2011.

He is asking for a loan of 500,000 frs which he plans to use to buy furniture items (wall beds, armchairs) which he will then resell. His main goal is to increase his profits.
View original language description ↓
Monsieur Abdou est un jeune homme de 36 ans qui habite sur le territoire sénégalais. Il est marié et s’active depuis plus de 15 ans dans le secteur du commerce. Il pratique la vente de salons, lits armoires, ardoises et réfrigérateurs. C’est une activité qu’il a choisi sous l’influence de son père. Il est sociétaire de l’un des guichets de l’U-IMCEC depuis septembre 2011. Il sollicite un crédit de 500 000 frs prévu pour l’acquisition de quelques mobiliers (lits armoires, fauteuils) destinés a la vente. Son objectif principal est d’accroitre ses bénéfices.

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 500.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdou to buy furniture to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Dec 21, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2012