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Abdoulaye
Abdoulaye lives in Senegal. He is married and has been in business for 6 years. He sells ready to wear clothing. With the help of the earnings from his business, Abdoulaye is able to support his household's needs, such as rent and electricity bills. He has not previously had any loans from the branch of UIMCEC where he is a member.

Currently Abdoulaye is requesting a loan of 100,000 francs CFA in order to purchase ready to wear clothes which will increase his stock of merchandise to sell. The growth of his profits will help improve the food conditions of his family. His future plans include adding an extension to his shop.
View original language description ↓
Monsieur ABDOULAYE vit au Sénégal. Il est marié et s’active dans le secteur du commerce depuis 6 ans. Il exerce la vente d’habits prêts à porter. A l’aide des revenus que lui procure son activité de commerce il parvient à supporter les charges familiales de son foyer comme le loyer et les factures d’ électricité. Auparavant il n’a jamais remboursé de crédit au sein du guichet de l’UIMCEC ou il est membre. Actuellement il sollicite un crédit de 100 000 frs prévu pour l’acquisition de prêts a porter qui seront destinés a renforcer le stock de ses habits a vendre. L’accroissement de ses bénéfices servira a améliorer les conditions alimentaires de vie de sa famille. Son projet dans le futur consiste à faire une extension de sa cantine.

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
  • 485.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $225 helped Abdoulaye to purchase ready to wear clothing to resell.
97% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 28, 2015