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Mouhamadou
Mouhamadou is a young shopkeeper of 37. He is married, a father, and lives in the main city. He has been selling miscellaneous products (both food items and non-food items) for 15 years.

Mouhamadou is requesting a loan for 400,000 francs to strengthen his working capital and develop his business by purchasing more merchandise. This will make him more profits which will mean he can pay the rent on his store and look after his family.

Mouhamadou is keen to grow his business and would like, one day, to become a wholesaler. This will allow him to take better care of his family.
View original language description ↓
Mouhamadou est un jeune boutiquier âgé de 37 ans, marié et père de famille habitant dans la ville principale.IL vend des produits divers (alimentaires et non alimentaires) depuis 15 ans.
IL demande un crédit de 400 000 pour renforcer son fond de roulement et développer son commerce en achetant plus de marchandises pour générer plus de bénéfices afin de pouvoir payer la location de la boutique et prendre en charge sa famille.
Soucieux d’agrandir son commerce Mouhamadou veut un jour devenir grossiste ce qui lui permettra de mieux s’occuper de sa famille.

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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 520.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A loan of $775 helped Mouhamadou to strengthen his working capital and to buy more merchandise so that he can make more profits.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 2, 2012