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Mouhamadou Dieng
Mr Mouhamadou Dieng, who is 32 years old and single, sells various products. He is just starting out in this business and needs a little financial help to get started. He requests a loan of 400000F CFA to buy various products. He works as follows: he investigates the marketing needs of certain traders before going to purchase the merchandise. This enables him to save time and sell his stock rapidly.
Thanks to the loan, from now on, he will be able to improve his family's diet and save some money.
In the future he would like to become a major supplier for shopkeepers.
Monsieur Mouhamadou Dieng âgé de 32 ans et célibataire s’active dans la vente de produits divers. Il est à ses débuts dans cette activité et a besoin d’un coup de pousse financier pour mieux démarrer. Il sollicite un prêt de 400000F CFA pour acheter des produits divers. Il travaille comme suit : il fait la prospection de besoins chez certains marchands avant d’aller acheter la marchandise ce qui lui permet de gagner du temps et d’écouler rapidement ses produits.
Grâce au crédit, il peut désormais améliorer les conditions alimentaires de sa famille et aussi mettre de l’argent de coté.
Il souhaite dans l’avenir, devenir un grand fournisseur chez les boutiquiers.

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
  • 11
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 502.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mouhamadou Dieng to buy various products for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014