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Abdou
Abdou is a married man and father of three children. For four years, he has managed a food store. He supports his wife, his children, and his two parents with the income from his business. He is located in a very popular neighborhood which earns him many customers. To meet this strong demand, he is asking for a loan of 400,000 francs to strengthen his business by buying rice, oil, sugar and various other goods. His goal is to open a second store.
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Abdou est un homme marié. Il est père de trois enfants.Il gère depuis quatre ans une boutique de produits alimentaires.Il prend en charge sa femme, ses enfants et ses deux parents avec les revenus tirés de son commerce. Il est implanté dans un quartier très populaire ; ce qui lui vaut une grande clientèle. Pour satisfaire cette forte demande, il sollicite ainsi un pret de 400000f pour renforcer son fonds de commerce en achetant notamment du riz, de l'huile, du sucre et d'autres denrées diverses. Son ambition est d'ouvrir une seconde boutique.

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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,875
    Funds lent in using Kiva
  • 495.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Abdou to buy rice, oil, sugar and various other goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
Apr 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013