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Ameth
Ameth sells food products from his shop in a market in his community, and has more than ten years experience in this trade. He is married, has children, and is responsible for the day-to-day expenses of his family.

Ameth will use his loan of 500,000 francs CFA to buy basic foodstuffs, and other necessities such as rice, sugar, oil, soap, etc. These products will then be resold from his shop. Ameth wants to increase his earnings to be able to diversify his business.
View original language description ↓
Monsieur Ameth est un homme qui évolue dans la vente de produits alimentaires dans un marché de la commune. Il dispose d’une boutique d’alimentation. Il est marié et père de famille. Ameth assure les dépenses quotidiennes de sa famille et il a acquis une expérience de plus de 10 ans dans son activité. Il sollicite ce prêt d’un montant de 500.000 pour acheter des denrées de 1ères nécessités comme le riz, le sucre, l’huile , le savon etc…… et ensuite les expose dans la boutique pour enfin les revendre à ses clients. Il souhaite augmenter ses revenus pour pouvoir diversifier son activité.

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

  • $1,759
    Average annual income
  • 12
    View loans »
    Senegal Loans Fundraising
  • $12,846,900
    Funds lent in using Kiva
  • 489.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ameth to buy basic foods for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 27, 2014