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Amath Satou
Amath is a young single man with no children.

He manages a fabric shop at the central market of his town. He buys in bulk in a bordering country before retailing his merchandise.

He makes a rather good income which allows him to take care of his needs and those of his family.

In order to boost his business, he is requesting a loan of 500,000 francs to buy fabrics and sewing supplies.

His ambition is to open a second shop, as the first one has become too small.
View original language description ↓
Amath est un jeune célibataire sans enfants.Il tient une boutique de vente de tissus au marché central de sa ville.Il achète en gros dans un pays limitrophe et revend ses produits au détail.Il parvient à générer des revenus assez intéressants qui lui permettent de subvenir à ses besoins et à ceux de sa famille.Afin de renforcer son fonds de commerce , il sollicite un pret de 500000f pour acheter des tissus et des articles de mercerie.Son ambition est d'ouvrir une seconde boutique car la première est devenue trop exiguë.

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
  • 519.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Amath Satou to buy fabrics and sewing supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2013