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Khadime
Khadime has been in the fish trade for nearly 16 years. He buys the whole catch from 1 or 2 canoes when they unload their fish, and resells it to retailers located in the large towns of the country's interior. Khadime also farms, in order to diversify his sources of revenue. He is married to 2 women and father to 6 children, who all go to the French-Arab school.

Khadime's town is, however, suffering from a shortage of fish. He is therefore forced to travel along the extensive coastline to obtain the product, something which requires important sums of money. This is why he is requesting a loan of 500 000 francs to buy 600 kg of fish. His ambition is to buy his own canoes and a refrigerated vehicle so that he can better move and sell his goods.
Khadime pratique le mareyage depuis près de 16 ans. Il achète toute la production de poisson d'une ou de deux pirogues au débarquement et la revend à des détaillants installées dans les grandes villes de l'intérieur du pays.Il pratique également l'agriculture afin de diversifier ses sources de revenus.Il est marié à deux épouses et est père de 6 enfants qui vont tous à l'école française et arabe. Khadim souffre toutefois de la rareté du poisson dans sa ville. il est ainsi obligé de voyager le long de la grande côte pour se procurer le produit; ce qui demande des sommes importantes. C'est pourquoi il sollicite un prêt de 500000f pour acheter 600 kg de poisson.
Son ambition est d'acquérir ses propres pirogues et un véhicules frigorifique pour mieux écouler la production.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,851,075
    Funds lent in using Kiva
  • 500.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Khadime to buy 600 kg of fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2012
Listed
Mar 13, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 20, 2013