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Papa Moussa
Papa Moussa is single and lives in Senegal. He has been working in commerce for more than eight years, selling sewing supplies and cosmetic products. He is a client of one of UIMCEC branches and is requesting a loan of 60,000 CFA francs to renovate his store.

With his income, he is able to contribute to the day-to-day expenses, within his family. He works from 8 AM until 8 PM. He wants to renovate his store in order to attract a much larger group of customers and increase his turnover and profits, which will allow him to diversify his inventory. He would like to start selling fabrics and also to increase the number of his employees to two. His goal is to be able to contribute to the improvement of his family's diet.

In the future, Papa Moussa would like to better develop his commercial activity and buy a larger store, so that he can completely satisfy the demand from his customers.
View original language description ↓
Monsieur Pape moussa est un homme célibataire. Il vit au Sénégal et pratique l’activité de commerce depuis plus de 08 ans. Il vend des articles de mercerie et des produits cosmétiques. Il est membre de l’un des guichets de l’U-IMCEC où il sollicite un crédit d’un montant de 60.000 francs CFA dans le but de remettre en état le magasin ou il exerce son activité. Les revenus que lui procure son activité lui permettent de participer à la dépense quotidienne au sein de sa famille. Sa journée de travail commence a 8 heures et se termine a 20 heures la nuit. Son objectif avec a travers la réfection de son magasin est d’attirer beaucoup plus de client afin d’accroitre son chiffre d’affaire et ses bénéfices, ce qui lui permettra de diversifier les produits qu’il commercialise. Il souhaite démarrer la vente de tissus et aussi élargir le nombre de ses employés à 2. Ainsi il pourra contribuer à l’amélioration des conditions alimentaires au sein de sa famille. Son projet dans le futur consiste a mieux développer son activité de commerce et acquérir un magasin plus spacieux afin de pouvoir satisfaire entièrement la demande de sa clientèle.

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
  • 44
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 490.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Papa Moussa to renovate his shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013