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Dame
Dame is based about 16 km from the main town, he is married and a father. He has worked as a trader for over ten years - he buys cabbages in order to resell them in Dakar. He gives up all his time for work - starting his day at 8am and finishing at 9pm. Dame has had three previous loans with the institution, and he has always respected his commitments to them.
He is requesting a loan of 300,000 francs repayable over 12 months.
The profits that will be generated from these sales will allow him to cover his daily living expenses and to have some savings. In the future, Dame wants to grow his working capital in order to invest further into market gardening.
View original language description ↓

 Mr Dame est domicilié à environ 16 km de la ville principale, il est marié et père de famille.IL exerce le métier de commerce depuis plus de 10 ans, il achète des choux pour les revendre à Dakar.IL consacre tout son temps au travail en commençant sa journée à 8 h pour la finir à 21 h. Mr Dame a eu à contracté 3 prêts au niveau de l’IMF et il a toujours respecté ses engagement vis-à-vis de l institution.IL demande un crédit de 300 000 f remboursable en 12 mois ,le bénéfice qui aura issu de ces ventes lui permettra de prendre en charge les dépenses quotidiennes et d’épargner. Mr Dame veut renforcer à l’avenir son fond de roulement pour mieux s’investir dans le maraichage.

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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 540.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Dame to buy cabbages for resale in Dakar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013