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Abib
Abib is a young shopkeeper who has been in business for more than 10 years. He is single and has no children. However, Abib is a breadwinner and works to earn an income, which helps him improve his own living conditions as well as those of his relatives. He starts his day at 8am in the morning and finishes it at 10pm at night. He manages a shop where he sells a little of everything: lamps, skin cream for women, bed sheets, radio cassettes, defrizzing cream. He is asking for a loan from the branch, where he is a member. The requested amount will be used to buy ready to wear outfits and dishes that will satisfy the demand of his clientèle and at the same time help him diversify the products he sells. He has already paid back six previous loans. He wants to open a second shop to strengthen his business.
Abib est un jeune commerçant qui s’active depuis plus de 10 ans dans ce secteur. Il est célibataire sans enfant.Néanmoins Abib est soutien de famille et travaille pour gagner des revenus qui lui permettent d'améliorer ses conditions de vie ainsi que celles de ses proches . Il commence sa journée à 8h du matin et la termine à 22 h du soir. Il gère une cantine ou il vend divers produits tels que lampes,crème de peau pour femme, draps de lit, des radios cassettes, crème dé frisante. Il sollicite un crédit au sein du guichet ou il est membre.le montant sollicité est prévu pour l'achat d'habits prêts a porter et de vaisselle destinés a satisfaire la demande de sa clientèle et en meme temps diversifier les produits qu'il commercialise. Il a déjà remboursé 6 prêts antérieurs
Il désire ouvrir une deuxième cantine pour renforcer son activité.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,875
    Funds lent in using Kiva
  • 505.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abib to buy ready to wear outfits and dishes to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013