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Cherif
Chérif is a single man who lives in southern Senegal. He became a mechanic six years ago, and he started selling spare parts out of his shop to better serve his customers.

Chérif plans to use his loan to strengthen his business and generate more profits. This will help him to support his parents and plan for his future, eventually having a house of his own.
Chérif habite au sénégal dans la régon du sud ,il est célibataire depuis plus de 6 ans il évolu dans la macanique .Il a ouvert sa propre boutique de piéces détachées dans son atelier de travail pour mieu satisfaire ses clients en cas de besoin pour piéce de rechange.
Chérif avec le crédit il compte renforcer sa boutique afin de générer plus de bénéfice pour soutenir ses parents et construire son avenir pour avoir sa propre maison.

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
  • 25
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 503.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Cherif to stock up on spare auto parts for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013