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Boubacar
Boubacar is a merchant who runs a grocery store where he sells agricultural products, among other things. He is married with three children. After living in Algeria for two years, he returned to his hometown to dedicate himself to this activity, which brings in substantial income and allows him to support his family’s needs and most of his own.

To strengthen his working capital, he is seeking a loan of 300,000f to buy agricultural products, which he will store for resale at a better price.

His goal is to expand his store and bolster his business.
Boubacar est un commerçant qui tient une boutique de vente de denrées alimentaires notamment de produits agricoles.Il est marié et père de trois enfants.Après une expérience d'immigration de deux ans en Algérie, il est revenu dans sa localité pour se consacrer à cette activité de commerce qui lui rapporte des revenus assez consistants. Ce qui lui permet de subvenir à la plupart de ses besoins et à ceux de sa famille. Afin de renforcer son fonds de commerce, il sollicite un pret de 300 000f pour acheter des produits agricoles qu'il va stocker et revendre au meilleur prix.Son ambition est d'agrandir son magasin et de renforcer son 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

  • $2,300
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Boubacar to buy agricultural products for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014