A loan of $425 helped to purchase food supplies such as rice, oil, and sugar to sell in his shop.

Boubou's story

This borrower's name is Boubou; he is 32 years old, married, and the father of a family. Boubou has been selling food supplies for over 5 years. He has a shop which he opened with his own funds and some small capital which he had saved for some time. In order to expand his shop, he is requesting a loan from IMCEC to purchase food supplies such as rice, oil, and sugar.

Boubou is able to provide for his family's daily expenses with the earnings from his business. Because it is just the beginning, he will use the loan proceeds he receives only to ensure that he isn't missing out on any merchandise that can be resold to earn a profit. He will need as much capital as possible with the help of IMCEC.

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Translated from French by Kiva volunteer Stephanie Long Phillips

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