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Abdou Karim
Abdou Karim is a married man, who is father to three children. He has been selling second-hand clothing for the past three years and gets his supplies from large traders in Dakar, reselling his goods on a retail basis. His business is sufficient to generate a regular income which enables him to provide for his family's needs as well as his own. In order to build up his business he is requesting a loan of 300,000 francs to buy bales of second-hand clothing. His ambition is to travel for his business in surrounding countries.
View original language description ↓
Abdou Karim est un homme marié.Il est père de trois enfants. Il exerce dans le commerce de friperie depuis trois ans.Il s'approvisionne auprès des grands commerçants de Dakar et revend au détail sa marchandise.Son activité arrive à générer des revenus consistants qui lui permettent de subvenir aux besoins de sa famille ainsi qu'à ses propres besoins.Afin de renforcer son fonds de commerce, il sollicite un pret de 300 000f pour acheter des balles de friperie. Son ambition est de faire des voyages de commerce dans les pays environnants.

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
  • 47
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 495.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Abdou Karim to buy bales of second-hand clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014