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Boubou
This borrower's name is Boubou; he is 32 years old, married, and the father of a family. Boubou has been selling food supplies for over 5 years. He has a shop which he opened with his own funds and some small capital which he had saved for some time. In order to expand his shop, he is requesting a loan from IMCEC to purchase food supplies such as rice, oil, and sugar.

Boubou is able to provide for his family's daily expenses with the earnings from his business. Because it is just the beginning, he will use the loan proceeds he receives only to ensure that he isn't missing out on any merchandise that can be resold to earn a profit. He will need as much capital as possible with the help of IMCEC.
View original language description ↓
L’emprunteur s’appelle Boubou, âgé de 32 ans, marié et père de famille. Boubou s’active dans le commerce de denrées alimentaires depuis plus de 5 ans. Il possède une boutique qu’il a ouverte avec ses propres moyens et un capital peu consistant qu’il avait épargné depuis un bout de temps. C’est dans le cadre du renforcement de la boutique, qu’il veut avoir un crédit à l’IMCEC pour acheter des denrées alimentaires telles que du riz, de l’huile, du sucre.
Boubou gère les charges quotidiennes de sa famille grâce aux recettes de son activité.
Puisse que c’est un début, il va faire avec cette somme acquis, seulement pour ne manquer d’aucunes marchandise susceptible d’être vendu et de rapporter un profit, Boubou aura besoin d’une somme aussi consistante que possible avec la collaboration 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.

Tags

About Senegal

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 480.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Boubou to purchase food supplies such as rice, oil, and sugar to sell in his shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014