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Serigne Moustapha
Serigne Moustapha is a young single student who lives in Senegal. Along with his studies, he has been running his business selling ready-to-wear clothing for the past three years. It would take Serigne Moustapha little additional work to expand his business once he has an increase in his working capital. He is a member in one of the branches of UIMCEC, where he has already successfully repaid his two prior loans. Serigne Moustapha is currently requesting a loan of 100,000 XOF, with which he plans to purchase a supply of ready-to-wear clothing for resale.
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Monsieur Serigne Moustapha est un jeune étudiant célibataire qui vit au Sénégal et pratique parallèlement à ses études le commerce de prêts a porter depuis 3 ans. Il n’a aucune charge mais veut développer son activité de commerce afin d’augmenter son fond de roulement. Il est sociétaire dans l’un des guichets de l’UIMCEC ou il a déjà remboursé 2 prêts antérieurs. Il sollicite un crédit de 100 000 frs prévu pour s’approvisionner en prêts a porter destinés à la vente.

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
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 511.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Serigne Moustapha to purchase ready-to-wear clothing for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013