Check out some available loans that are similar to this one!
Daouda
Daouda is a young man, who quickly started working in the store that he inherited from his parents. He has over 10 years’ experience in this field. It was thanks to his father that he was able to start up, as he has a large general food store and is well-known in the village where he lives. Daouda is married and responsible for a family.

Daouda has always worked with his own means, but for this first time he has requested the financial support of UIMCEC. He has requested a loan of 200,000 francs CFA, which he will use to buy 20 bags of rice, a barrel of oil, and sugar. Daouda is responsible for his daily household expenses and, in the future and if he has the means, he dreams of working in raising livestock.
View original language description ↓

Daouda est un jeune qui s’est très vite lancé dans le commerce qu’il a hérité de ses parents. Il a une expérience de plus de 10 ans dans ce domaine. Et c’est grâce à son père qu’il a bien pu démarrer car il possède une grande boutique d’alimentation générale et a une renommé dans le village ou il loge. Il est marié et responsable de famille.
Daouda a toujours travaillé avec ses propres moyens seulement pour cette fois ci, il vient solliciter l’appui de l’IMCEC pour un crédit de 200000F CFA avec lesquels il va se ravitailler en riz d’une quantité de 20 sacs, en huile, un baril et du sucre.
Il gère la dépense quotidienne de son foyer. Il nourrit l’ambition e faire un jour, s’il a les moyens, de l’embouche.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 510.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Daouda to buy food items to stock his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013