Funded

Total loan: $1,050
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Babacar

Senegal
DAKAR, Senegal / Retail

A loan of $1,050 helped strengthening of capital.


Babacar's story

Mr. Babacar L. is a 43-year-old retailer who for 10 years has purchased and sold cement and iron for construction. He has been a member of the credit union in Bambilor since December 2009. He has already received a previous loan.

Mr. L. first started his activity in farming before launching himself in the sales of cement and iron. Through this activity he manages to provide for his immediate needs such as rent and food.

He is requesting a loan of 500,000 Francs planned for the purchase of 7 tons of cement intended for resale. According to him, this loan will allow him to have some stability in his work and he will be better able to take care of his expenses.

Translator profile picture

Translated from French by Kiva volunteer Veronique Fourment



Loan details

Loan length:

15 months
Disbursed date: March 24, 2010
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: March 24, 2010
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International