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Diomaye
Mister Diomaye is a married man who live in Senegal with his family. He has been active in the mechanics sector for 7 years and at the same time practices the sale of spare parts to benefit his customers.The revenue that his business brings him allows him to take care of his family (food). Each day he starts his businesses at 7am and finishes his work day at 7pm. He is requesting a loan of 250,000 from the branch of the UIMCEC where he is a member and where he has already repaid a previous loan. With this financing he has the intention of paying for the uniforms that he ordered for his employees. Wearing uniforms will be able to increase the visibility of his business which could translate into an increase in his revenue. Thus he will be able to diversify the products and services he offers his customers. He will thus be able to cope with the competition by attracting many more customers and improving the living conditions of his family. He hopes to become a great seller of spare parts.
View original language description ↓
Monsieur Diomaye est un homme marié qui vit au Sénégal avec sa famille. Il s’active dans le secteur de la mécanique depuis 07 ans et exerce en même temps le commerce de pièces détachées au profit de ses clients. Les revenus que lui procure son activité lui permet de prendre soins de sa famille (nourriture).Il démarre chaque jour ses activités a 7 heures pour boucler sa journée de travail a 19 heures. Il sollicite un crédit de 250 000 au niveau du guichet de l’UIMCEC ou il est membre et ou il a déjà remboursé un crédit antérieur. Avec ce financement il a l’intention de payer les uniformes qu’il a commandé pour ses employés. Le port d’uniforme pourra augmenter la visibilité de son activité ce qui pourrait se traduire par une augmentation de ses revenus. Ainsi il pourra diversifier ses prestations en produits et services pour ses clients. Il pourra ainsi faire face a la concurrence en attirant beaucoup plus de clients et améliorer les conditions de vie de sa famille. Il souhaite devenir un grand vendeur de pièces détachées.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 504.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Diomaye to pay for the uniforms of his employees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013