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Mbaye
Mbaye is 43 years old and lives in Senegal. He is married and has been involved in the business of selling second-hand clothes for 19 years. He chose this activity in order to take care of his own needs and to support his family. He has been a member of one of the branches of the UIMCEC since September 2011. He is requesting a loan of 400,000 francs in order to buy second-hand clothes for resale. He wishes to increase the volume of his business and to meet his customers' growing demand during this cold season.
View original language description ↓
Monsieur Mbaye est âgé de 43 ans et vit au Sénégal. Il est marié et évolue dans le secteur du commerce et la vente de friperie. Il a une expérience de 19 ans dans son activité qu’il a choisi dans le but de subvenir à ses besoins ainsi qu’a ceux de sa famille. Il est membre d’un des guichets de l’U-IMCEc depuis septembre 2011. Il sollicite un crédit de 400 000 frs prévu pour l’achat d’habits de friperie a commercialiser.
Il souhaite augmenter le volume de son activité et faire face a la demande croissante de ses clients en cette période de froid.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Mbaye to buy second-hand clothes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013