Check out some available loans that are similar to this one!
Mamadou Bamba
Mr. Mamadou Bamba lives in a Senegalese suburb. He is unmarried but is virtually the head of household for his family. He has been active in the furniture-making sector for twelve years. This fine carpenter devotes thirteen hours of time each day at his work.

He is a member of the U-IMCEC branch office in his residential area and is requesting a loan of 400,000 francs for buying wood to make furniture destined for resale.

The growth of his revenues will give him the chance to diversify his business and thus to get started in the raising of livestock. His final goal is to achieve an improvement in his family's food situation and, in the long term, to buy a house. His dream is to become a major businessman.
View original language description ↓
Monsieur Mamadou Bamba habite dans une banlieue sénégalaise. Il est célibataire mais constitue un véritable soutien pour sa famille. Il s’active depuis plus de 12 ans dans le secteur de la menuiserie. Ce menuisier ébéniste consacre 13 heures de temps de la journée à son activité. Il est membre du guichet de l’U-IMCEC de sa zone d’habitation et sollicite un crédit de 400 000 frs prévu pour l’achat de bois qui lui servira a fabriquer des meubles qui seront destinés a la vente. L’accroissement de ses revenus lui donnera l’opportunité de diversifier sont activité pour ainsi se lancer a l’élevage. Son objectif final est de parvenir à améliorer les conditions alimentaires de sa famille et a long terme acheter une maison.Sonreve est de devenir un grand homme d'affaire.

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
  • 28
    View loans »
    Senegal Loans Fundraising
  • $12,994,300
    Funds lent in using Kiva
  • 517.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Mamadou Bamba to buy wood for purposes of his furniture-making business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013