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Amadou
This borrower's name is Amadou. He is single, with no children. He has been working as a carpenter for 5 years. He embraced this professional activity encouraged by one of his friends who also works in this field. With his loan, Amadou would like to buy some raw materials, such as wood and glue, and build beds, wardrobes and dressers, which he will display and sell. Although he is single, Amadou manages his family daily expenses. In the future, he would like to buy a machine that would allow him to increase his volume of production and minimize his operating costs.
View original language description ↓
L’emprunteur s’appelle Amadou ; il est célibataire sans enfant .Il est menuisier depuis 5 ans, métier qu’il a embrassé sous l’influence d’un de ces amis qui exerce aussi ce métier.
Avec le crédit, Amadou voudrait acheter de la matière première : du bois, de la colle et fabriquer des lits, des armoires, des coiffeuses pour les exposer au fin de les revendre.
Bien qu’étant célibataire, il gère la dépense quotidienne de la famille. Dans l’avenir il aimerait acheter une machine pour augmenter son volume de production et minimiser ses charges de fonctionnement.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Amadou to buy wood, in order to build and sell furniture.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 15, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 24, 2013