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Adame
Mr. Adama is a regular client at the branch office, since he is on his third loan. He is 47 years old, married, and a father with a family. His business involves selling cosmetic products, such as perfumes, body lotions, body creams, and hair oils. He opened his shop at the market. He has seventeen years of experience in this domain. He opens his shop at 8 AM and closes at 8 PM.

He is requesting a loan of 500,000 francs CFA to bolster his store and to diversify his products. He takes care of day-to-day family expenses. As for future plans, he would like to open another shop.
View original language description ↓
Monsieur Adama est un habitué de la caisse car il est à son 3ème prêt .Adama est agé de 47 ans, il est marié et père de famille. Son activité consiste à vendre des produits cosmétiques comme les parfums,les laits de corp, les crèmes de corps et les huils pour cheveux. Il a ouvert une boutique dans le marché. Il a une expérience de 17 ans dans ce domaine.Il ouvre la boutique à 8h pour la refermer à 20h.
Il sollicite un crédit de 500000F CFA pour renforcer sa boutique et diversifier ses produits. Il s’occupe de la dépense quotidienne de la famille. Il a comme projet futur d’ouvrir une autre boutique.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 501.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Adame to purchase cosmetic poducts, such as perfumes, creams, lotions, and hair oil to resell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014