A loan of $725 helped to buy a photocopier and refurbish his office.

Babacar's story

Babacar lives in Senegal. He has been working as a broker in the insurance sector since 2011. He is single and is able to manage his personal expenses (food, rent, bills, and personal needs) thanks to the income from his business.

He is a member of a branch of the U-IMCEC, through which he has already received a loan in the past. He is once again seeking a loan of 350,000 FCFA. He will use part of the loan to acquire a photocopier, and the rest will be used to refurbish his office in order to make it more attractive and to make his business more cost effective.

With the increase in profit, he will be able to put money aside to use for continuing his studies in insurance and opening other insurance brokerage offices.

Translated from French by Kiva volunteer Holden Ferry

Loan details

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Loan details