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Abass
Mr. Abass is a merchant who lives near the branch office. He is 33 years old, married and has two children, a girl and a boy. He has 6 years' experience in trading. His business is to sell food products.

This is his first credit loan experience hoping to bring his business to the highest level with the help of the loan association. Once the loan is obtained, he will buy sugar, oil, rice, soap and other items used in preparing meals.

Abass handles his family's daily expenses, but with his income he also pays for his children's schooling, manages to put some money aside and properly repay his loan.
View original language description ↓
Monsieur Abass est un commercant qui habite aux environs du Guichet, il est agé de 33 ans, il est marié et père de deux enfants: une fille et un garcon. Il a une expérience de 6 ans dans le commerce. Son commerce consiste à vendre des denrées alimentaires. Il en est à sa première expérience dans le crédit et cela dans l’espoir de pouvoir hisser son commerce au plus haut niveau avec l’aide de la caisse. Avec le crédit qu’elle veut prendre, il va acheter du sucre, de l'huile, riz, du savon et autres qui vont dans la préparation des repas.
Abass s’occupe de la dépense quotidienne de sa famille ; mais aussi avec ses revenus il paie la scolarité de ses enfants, arrive à mettre un peu d’argent de coté et à rembourser normalement son crédit.

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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 502.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abass buy food to strengthen his business (rice, oil, sugar, soap, etc...).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013