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Papa Babacar
Papa Babacar is 41 years old. He has been involved in retail for more than five years now. He is married and the father of three children.

Papa Babacar is requesting a loan from the UIMCEC for the first time. He wants to buy and resell spare parts for "Jakarta" motorcycles. He has just opened a small stall with his own money. He is therefore requesting financial support from the institution in order to buy spare parts, which are in high demand from his customers.

His dream is to have a large shop one day, where he would sell spare parts for motorcycles and other vehicles.
View original language description ↓

Monsieur Papa Babacar âgé de 41 ans, fait du commerce depuis plus de cinq ans maintenant. Il est marié et père de 3 enfants. Il vient solliciter pour la première fois un prêt à l’IMCEC. Il veut acheter pour revendre des pièces détachées pour moto-djakarta. Il a une petite cantine qu’il vient tout juste d’ouvrir avec ses propres moyens ; c’est pourquoi il vient solliciter l’appui de l’Institution afin de chercher des pièces qui sont souvent demandés par la clientèle.
Il désire un jour avoir un grand magasin de vente de pièces détachées aussi bien pour motos, que pour véhicules.

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Papa Babacar to buy spare parts for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014