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Serigne
Serigne is a 30-year-old married father with five children. His eldest is 10 years old and his youngest is two years old. He is a merchant with 10 years' experience.

Serigne is growing his business in the purchase and resale of ready-to-wear clothing, and he needs this loan to increase his stock of merchandise. He takes care of his family's daily needs and is responsible for improving their living conditions. Serigne starts his day at 7:00 in the morning and finishes at 8:00 in the evening. With the help of UIMCEC, he wants to become the largest supplier of ready-to-wear clothing.
View original language description ↓
Monsieur Serigne, âgé de 30 ans est marié et père de 5 enfants dont l’ainé a 10 ans et le cadet 2 ans. Il est commerçant de profession et a acquis une expérience de 10 ans dans ce domaine. Serigne évolue dans l'achat et la vente des prêts à porter Il a besoin de ce montant pour augmenter son stock de marchandises. Il s’occupe de la dépense quotidienne de son foyer et veille à l’amélioration de leurs conditions de vie. Serigne commence sa journée à 7h pour la terminer à 20h du soir. A l'avenir il souhaite être le plus grand fournisseur et ca grâce à l'aide de l'imcec

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

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 491.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Serigne to purchase ready-to-wear clothing for resale to his clients.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014