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Daouda
Daouda, aged 32, is single and has no children. He sells food products. He opened a store three years ago and works there from 7 AM until 11 PM. He has duly repaid his previous debts to his local branch (of the UIMCEC) and has therefore gained the trust of the UIMCEC representatives.

Thanks to this loan, he will buy a barrel of oil, 1,000 kg of rice, some millet and various other food products that can be resold in a shop. Since he is single and lives with his parents, his duty is to take care of his family's expenses.

His ambition is to diversify his activity one day, and to raise cows and sheep.
View original language description ↓
Célibataire sans enfant, Daouda âgé de 32 ans fait du commerce de denrées alimentaires. Il a ouvert une boutique depuis 3 ans où il travaille de 7h du matin à 23 h du soir. Il s’est acquitté normalement de ses dettes précédentes au niveau du guichet, c’est pourquoi il a gagné la confiance des agents de l’IMCEC. Grâce au crédit, il va acheter un baril d’huile, une tonne de riz, du mil, et divers autre produit alimentaire qui se vendent en boutique. Etant célibataire et vivant chez ses parents, il a le devoir de s’occuper des charges de la famille.
Il nourrit l’ambition de diversifier son activité en faisant de l’élevage bovine et ovine un jour.


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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,925
    Funds lent in using Kiva
  • 501.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Daouda to buy food products (rice, oil, millet etc.) for resale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014