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Ibrahima
Ibrahima is a newly-married man who doesn't yet have any children. His business is selling food products such as millet, groundnuts and beans. He buys his merchandise wholesale in the countryside just after harvest time and sells most of his produce from a store, having waited for demand to outstrip supply. He also buys and re-sells sheep in the weekly markets in his town. These businesses allow him to cover his own needs and to support his family. He is currently requesting a loan for 250,000 francs to buy millet and groundnuts to replenish his stock. His goal is to buy a vehicle to make his trips easier.
View original language description ↓
Ibrahima est un homme nouvellement marié.Il n'a pas encore d'enfant.Il exerce un commerce de denrées alimentaires comme le mil, l'arachide, le haricot...Il s'approvisionne en gros à l'intérieur du pays juste après les récoltes et stock la plus grande partie de ses produits dans un magasin en attendant que la demande soit supérieur à l'offre sur le marché.Il achète et revend également des moutons dans les marchés hebdomadaires de sa localité.Ces activités lui permettent de subvenir à ses besoins et d'entretenir sa femme.Il sollicite actuellement un prêt de 250000f pour acheter du mil et de l'arachide afin de renouveler son stock.Son ambition est d'acquérir un véhicule pour faciliter ses déplacements.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 496.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ibrahima to buy millet and groundnuts.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Dec 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013