A loan of $1,100 helped to buy 50 sacks of of rice, 4 casks of oil, and various products.

Boubacar's story

This borrower is a grocer who has a shop at the city's entrance. He is married and his business enables him to support his family. He also covers the rent and the bills for water and electricity. He has succeeded in acquiring a second store inside the city.

He has already had two loans with the micro-finance institution IMCEC in the amount of 300,000 francs and 400,000 francs respectively. In order to bolster his business fund, he is requesting a third loan of 500,000 francs to buy 50 sacks of rice, 4 casks of oil, and a variety of goods. His ambition is to open a large grocery store along the nation's main road.

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details