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Abou
Mr. Abou lives in Senegal. He is single and runs a business which is how he earns a living. He owns a sewing business which he started in 2003. His goal is to develop his business and to maximize his profits and his personal income. He is requesting a loan of 350,000 CFA from the office of l’U-IMCEC where he is a member. The money from this first loan will allow him to build up his stock of sewing supplies in his store in order to meet the growing demand of his customers. He hopes to increase his turnover and to raise the level of his savings. His ambition is to become an important businessman.
View original language description ↓
Monsieur Abou est réside au Sénégal. Il est célibataire et exerce une activité de commerce par le biais duquel il gagne sa vie. Il est propriétaire d’une mercerie et à débuté son activité depuis 2003. Son objectif consiste a développer son activité et maximiser ses profits et ses fonds personnels. Il sollicite un crédit de 350 000 Francs CFA au guichet de l’U-IMCEC où il est membre. Ce financement premier crédit lui offrira la possibilité de renforcer le stock de son magasin en articles de mercerie afin de répondre a la demande accrue de sa clientèle. Il espère revaloriser son chiffre d’affaire et améliorer le niveau de son épargne. Son ambition 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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $12,999,675
    Funds lent in using Kiva
  • 519.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Abou to buy sewing supplies to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013