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Mouhamadou
Mr. Mouhamadou lives in Senegal in a village. He is married and active in the artisanal sector. His carpentry business gives him the chance to make furniture (beds, armoires, and more), which he displays for sale. He capitalizes on over ten years of experience in this business.

He is a member of a U-IMCEC branch office where he has already repaid two previous loans. He is presently requesting a loan of 500,000 francs enabling him to boost the number of pieces of furniture on display and thus to make his business more profitable, as well as to increase his revenues. His goal is to do better in covering household expenses.

His greatest dream is to have a large factory for making wood furniture.
View original language description ↓
Monsieur Mouhamadou vit au Sénégal dans une de ses localités villageoises. Il est marié et s’active dans le secteur de l’artisanat. Son activité de menuiserie lui donne l’opportunité de fabriquer des meubles (lits, armoires et autres) qu’il expose a la vente. Il capitalise une expérience de plus de 10 ans dans son activité. Il est membre d’un des guichets de l’UIMCEC ou il a déjà remboursé 2 crédits antérieurs. Présentement il sollicite un prêt de 500 000 frs qui lui permettra de renforcer le nombre de ses meubles a exposer et par conséquent a mieux rentabiliser son activer et accroitre ses revenus dans le but de mieux prendre en charges les dépenses de son foyer. Son plus grand rêve est de disposer d’une grande usine de fabrique de bois pour la menuiserie.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 526.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Mouhamadou to finance the construction of additional furniture to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013