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Sidy
Young Sidy, just 24 years old, got into business two years ago. He has a general store. He is single and has quite enough time to take care of his business. His day starts at 8 am and ends at 7 pm. With the loan, his very first, he will buy merchandise that is lacking in his store, such as oil, sugar, rice, and milk. He is responsible for supporting himself.

As a future plan, he hopes to be in a good enough situation so as to open up a big store.
View original language description ↓
Le jeune Sidy âgé tout juste de 24 ans, est entré récemment dans le commerce il y a de cela 2 ans. Il fait du commerce de boutique d’alimentation générale. Il est célibataire et a largement le temps de s’occuper de son activité. Sa journée démarre à 8h du matin pour se terminer à 19 h du soir. Avec le crédit, qui est le tout premier pour lui, va lui servir à acheter de la marchandise manquant à sa boutique comme de l’huile, du sucre, du riz, du lait. Sidy a comme charge ses besoins personnels
Comme projet futur ,il souhaite avoir une bonne assise afin de pouvoir ouvrir un jour un magasin.

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
  • $12,847,875
    Funds lent in using Kiva
  • 502.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sidy to buy foodstuffs: sugar, oil, milk, rice, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 20, 2013