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Amadou
Amadou, who is married, lives in Senegal and has been actively trading since 2002. He is a father, and with the income he earns from his trading activity he pays the rent and other household bills as well as buying food for his family. He sells portable phones and fabrics. He begins his working day at 8 o'clock in the morning at finishes at eight in the evening. He is a member of one of U-IMCEC's branches where he has already repaid four loans. He is requesting a new loan of 500,000FCFA to buy soaps and powdered milk which he is planning to sell. He would like to boost his business and diversify the products he sells. His aim is to satisfy customer demand. The growth in his income will enable him to save money and achieve his ambition of acquiring a house and a car in the future.
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Monsieur Amadou est un habitant du Sénégal. IL est marié et s’active dans le secteur du commerce depuis 2002. C’est un père de famille qui supporte les charges de loyer, de nourriture et de factures de son foyer grâce aux revenus que lui procure son activité de commerce. Il vend des portables et des tissus. Il commence sa journée de travail a 8 heures pour la terminer a 20 h. Il est membre de l’un des guichets de l’U-IMCEC où il a déjà remboursé 04 crédits antérieurs. Il sollicite à nouveau un crédit de 500.000 francs CFA prévu pour l’achat de savons et lait en poudre qui seront destinés a la vente. Il désire renforcer son activité et diversifier les produits qu’il commercialise. Son objectif est de satisfaire la demande de sa clientèle. L’accroissement de ses revenus lui permettra de d’épargner de l’argent et de réaliser son projet d’acquisition d’une maison et d’une voiture personnelle dans le futur

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
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 502.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Amadou to buy soap and powdered milk for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014