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Serigne Abdou Khadre
Serigne Abdou Khadre lives in Senegal. He is single and has been working in commerce for more than 10 years. He runs a grocery store in his town. The income he makes from his business allows him to cover his personal needs and to pay the rent on both the room that he lives in and the store where he runs his business. He is a member of the UIMCEC office in his town. He is requesting a loan for 500,000 francs. Part of the loan will be used to buy more of the foodstuffs he currently sells. The rest will be used to buy cereals so that he can diversify his product offerings. His goal is to increase his profits so that he can better develop his business.
View original language description ↓
Monsieur Serigne Abdou Khadre vit au Sénégal. Il est célibataire et évolue depuis plus de 10 ans dans le secteur du commerce. Il gère une alimentation dans la localité ou il habite. Les revenus que lui procure son activité lui permettent de prendre en charges ses besoins personnels, d’assurer les dépenses de location de la chambre qu’il occupe et du magasin ou il exerce son activité. Il est membre du guichet de l’UIMCEC de la localité ou il vit. Il sollicite un prêt de 500 000 frs. Une partie du financement sera utilisé pour l’achat de denrées alimentaires qu’il avait l’habitude de commercialiser. L’autre partie servira pour l’achat de céréales dans le but de diversifier les produits qu’il vend. Son objectif est d’accroitre ses bénéfices pour mieux développer son activité de commerce.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 506.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Serigne Abdou Khadre to buy foodstuffs and cereals to re-sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2012
Listed
Nov 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014