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Aliou
Aliou has been active in commerce for seven years. He is a married father of a family. He is active from 7 AM to 7 PM and owns a display at the market. His business involves selling dishes and kitchen utensils, as seen in the photo: bowls, plates, carafes, rubber cups… Aliou manages his family, thanks to his business, since he can make a daily income of 3,500 francs, even 4,500 francs, after deducting expenses. He occupies a small space that he would like to expand in order to increase the quantity of his products.
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Aliou, s’active dans le commerce depuis 7 ans. Il est marié et père de famille. Il est actif de 7h du matin à 19h du soir et possède un étalage dans le marché. Son commerce consiste à vendre de la vaisselle, des ustensiles de cuisine comme on voit sur la photo : des bols, des assiettes, des carafes, des verres en caoutchouc…
Aliou gère sa famille grâce à son activité car il peut descendre avec une recette journalière de 3500 voire 4 500 F après déduction des charges.
Aliou occupe un petit espace qu’il aimerait agrandir pour augmenter la quantité de ses produits.

Additional Information

More information about this loan

To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at  lower interest rates.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 480.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A loan of $850 helped Aliou to purchase plates, bowls, carafes, rubber cups, etc. to resell.
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2014
Listed
Jul 17, 2014
Currency Exchange Loss:
Possible
Expired:
Aug 16, 2014