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This borrower is a young man who left school after 2 years of middle school so that he could work to help his family. At that time, he began selling small spare parts and audio equipment. Five years later, he opened a booth at the central market and opened an account at UIMCEC. To increase his working capital, he is asking for a loan of 300,000 francs which he plans to use to buy 2 TVs, 2 DVD players, 8 mobile phones and accessories.

He is married and the father of 3 children. His goal is to open a large wholesale store for audio-visual equipment.
View original language description ↓
L'emprunteur est un jeune qui a arrete ses études aprèes deux ans au collége pour aller travailer afin d'aider sa famille.Il s'est alors lancé dans le commerce de pièces détachées et de matériel audio.Après cinq, il achéte une cantine au marché central et ouvre un compte à l'UIMCEC. Pour augmenter son fonds de commerce , il sollicite auprès de l'institution un pret de 300 000f et compte acheter 2 appareils de télévision, 2 DVD, 08 téléphone portables et des accessoirs. Il est marié et pére de trois enfants.Son ambition est d'ouvrir un grand magasin de vente en gros d'appareils audiovisuels.

Additional Information


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.

About Senegal

  • $2,300
    Average annual income
  • 0
    View loans »
    Senegal Loans Fundraising
  • $15,221,925
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ablaye to buy 2 TVs, 2 DVD players, 8 mobile phones and accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 21, 2011
Oct 10, 2011
Currency Exchange Loss:
Sep 15, 2012