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Mamadou
Mr. Mamadou lives in Senegal. He is a traveling salesman offering a variety of goods. He travels regularly to a country bordering Senegal to acquire grooming items and fabrics for his customers. The income earned through this activity allows him to help with the household expenses (paying for tuition and improving the family’s lifestyle). He has 12 years of experience in this activity.

He is a member of the local U-IMCEC branch where he has already repaid two previous loans.

He is seeking a loan of 300,000F to buy clothing, perfume and cosmetic products needed to meet customer demand. His goal is to improve his activity and bolster his income.
Monsieur Mamadou habite au Sénégal. C’est un marchand ambulant qui s’active dans le secteur du commerce et pratique la vente de produits divers. Il voyage régulièrement vers un des pays limitrophes du Sénégal pour se procurer des effets de toilette et des tissus qu’il place à ses clients. Ce sont les revenus qu’il gagne à travers son activité qui lui donne la possibilité de participer à la gestion des besoins familiaux (payer les frais scolaires et améliorer les conditions alimentaires de la famille. Il capitalise une expérience de 12 ans dans son activité. Il est membre du guichet de l’U-IMCEC de la localité ou il a déjà remboursé 2 crédits antérieurs. Il sollicite un prêt de 300 000 frs prévu pour l’achat d’habits, de parfums et de cosmétiques pour satisfaire la demande de sa clientèle. Son objectif est de mieux développer son activité de commerce et augmenter ses revenus.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 523.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Mamadou to buy clothing and perfume for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013