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Amadou
Amadou is 55 years old, married to a woman and father to 5 children. He lives in the south of Senegal. 3 children are in school, his oldest son who is 25 left school to support his father in his business. Amadou capitalizes on 20 years experience. Amadou buys his merchandise in Dakar, the capital, to strengthen his stock and resell to have more profits. For the first time he is requesting a loan of 700,000f to strengthen his stock. With his business he ensures all the responsibilities of his family and the school fees. Amadou hopes to open a second store in the future for his son.
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Amadou âgé 55 ans marié d'une femme et père de 5 enfants habite dans le sud du Sénégal .3 enfants sont à l'école ,son fils ainé âge de 25 ans a quitté l'école pour soutenir son père dans son commerce .Amadou capitalise une expérience de 20 ans .Amadou fait ses achats de la marchandise à Dakar la capitale pour venir renforcer son stock et revendre pour avoir plus de bénéfice.Il sollicite pour la première fois un crédit de 700 000f pour renforcer son stock .Avec son commerce il assure toutes les charges de la famille et les frais scolaires.Amadou souhaite ouvrir une 2èm boutique dans l'avenir pour son fils

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 494.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A loan of $1,425 helped Amadou to strengthen his stock of merchandise.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 18, 2013
Currency Exchange Loss:
Possible
Expired:
Sep 17, 2013