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Libasse
Mr. Libasse is a married man who lives in Senegal. He has been a teacher by profession for five years. In hopes of diversifying his business, his goal is to start up a second service business. He is a member of one of the branches of UIMCEC and is requesting a loan of 400,000 frs for the purchase of chairs and canvas covers to be rented for ceremonial events such as marriages and baptisms. The income from his business will allow him to meet the daily needs of his family. He is the father of two children aged 5 and 3 years. His future goal is to establish a private school.
View original language description ↓
Monsieur Libasse est un homme marié qui vit au Sénégal. Il est enseignant de profession depuis 5 ans. Dans le souci de diversifier son activité il ambitionne d’entamer une seconde activité de prestation de services. Il est sociétaire dans l’un des guichets de l’UIMCEC et sollicite un crédit de 400 000 frs prévu pour l’achat de chaises et de bâches destinées a la location pendant les événements et cérémonies( mariage, baptêmes). Les revenus que lui procure de son commerce lui permettent de supporter les charges quotidiennes de sa famille. Il est père de 2 enfants âgés respectivement de 5 et 3 ans. Son projet future est de mettre en place une école privée.

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
  • 507.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Libasse to buy chairs and canvas covers to rent.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013