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Abdoulaye
Abdoulaye lives in Senegal. He has a family and has been involved in retail for more than 20 years. He specializes in the commerce of shoes, handbags and other various items for women. Thanks to his income, he is able to provide for his family and he particularly takes care of the day-to-day expenses.

Abdoulaye is a client of one of the branches of the UIMCEC, and he has already obtained a previous loan. He is now requesting a loan of 500,000 CFA francs to purchase some goods that he will resell. His goal is to boost his stock of merchandise in order to meet his customers' increasing demand. He also wants to strengten his financial resources and start selling stationery items (notebooks, books, pens ...).

A larger income will help Abdoulaye to take better care of his family's daily expenses and to improve their diet. In the future, he would like to open a shop and display his products.
View original language description ↓
Monsieur Abdoulaye habite au Sénégal. Il est père de famille et il évolue dans le secteur commercial depuis plus de 20 ans. Il est spécialisé dans l’achat et la vente de chaussures, de sacs et d’autres articles divers pour femmes pour femmes. Les revenus que lui procure son activité lui permettent d’assurer les charges familiales de son foyer, notamment la dépense quotidienne. Il est membre de l’un des guichets de l’U-IMCEC où il avait obtenu auparavant 01 crédit antérieur. De nouveau, il sollicite un prêt d’un montant de 500.000 francs CFA dans le but d’acheter les articles qu’il commercialise pour les revendre. Son objectif est d’augmenter le stock qu’il détient afin de satisfaire la demande croissante de sa clientèle. Elle souhaite accroitre ses ressources financières de sorte qu’il pourra se lancer dans la vente d’article de librairie (cahiers, livres, stylos…). L’amélioration de ses revenus pourra l’aider à mieux prendre en charge la dépense quotidienne et rendre meilleur les conditions alimentaires de sa famille. Son projet futur est d’ouvrir un magasin pour y exposer ses produits.

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
  • 501.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdoulaye to buy shoes and handbags for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014