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Oumar
Oumar is a travelling vendor. He's 39 years old and has been working in business since he was 20. He is married and has four children. Oumar sells kitchen utensils and uses the method employed by women to collect his payments on a daily basis (he sells the products on credit and then returns everday to collect payment). He works from 9am to 6pm. With the loan, he can increase his inventory. He manages all the family expenses.
In the future, he would like to open his own store and offer his customers a large variety of kitchen items.
View original language description ↓
Oumar est un marchand ambulant de 39 ans, qui s’active depuis plusieurs années car il a démarré depuis l’âge de 20 ans. Il est marié et père de 4 enfants. Oumar vend des ustensiles de cuisine et emploie même la méthode des femmes pour la récupération journalière (il donne la marchandise à crédit et passe chaque jour récupérer). Il travaille de 9h à 18h. Avec le crédit, il pourra augmenter et diversifier le stock dont il dispose. Il gère la dépense quotidienne de la famille.
Il a comme projet futur, d’ouvrir un magasin de vente d’ustensiles et d’offrir à la clientèle une gamme de produits au choix.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 508.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Oumar to purchase kitchen utensils for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013