Check out some available loans that are similar to this one!
Mamadou Diène
Mamadou Diène lives in Senegal. He is single and has been a retailer for over 5 years. He buys and sells computing equipment. The revenue generated by his business allows him to contribute toward the management of his family's daily expenses. He is a member of a UIMCEC branch and has already repaid 6 previous loans. He is currently requesting a loan of 250 000 francs which is to be used to buy computer equipment for resale. His aim is to develop his business and increase his profits so that he can better cover his personal and family expenses (i.e. contributing to an improvement in his family's nutrition). His future ambition is to own a shop specialising in the sale of computer equipment.
Monsieur Mamadou Diène habite au Sénégal. Il est célibataire et évolue depuis plus de 5 ans dans le secteur du commerce. Il exerce l’achat et la vente de matériels informatiques. Les revenus que lui procure son activité de commerce lui permettent de participer à la gestion de la dépense quotidienne au sein de sa famille. Il est membre de l’un des guichets de l’U-IMCEC où il a déjà remboursé 6 prêts antérieurs. Présentement, il sollicite un crédit d’un montant de 250.000 francs CFA prévu pour l’achat de matériels informatiques destinés a la vente . Son intention est de développer de développer son activité de commerce et accroitre ses bénéfices pour mieux supporter ses charges personnels et familiales (contribution dans l’amélioration des conditions alimentaires de la famille). Son projet dans le futur consiste à disposer d’un magasin spécialisé dans vente de matériel informatique.

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
  • $12,847,825
    Funds lent in using Kiva
  • 490.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Mamadou Diène to buy computing equipment for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014