Mr. Mame Aly L. sells cereals in the rural community of Bambey, about 100 km from Dakar. UIMCEC recently opened a branch in the town to better serve the rural clientele, and Mr. L. is one of its first members.
Mr. L. is very active in the community. He is the head of the local branch of the ASC (Association Sportive et Culturelle) which sponsors sports events for young people in the community. He also supports young entrepreneurs with small loans, as they often find it difficult to be able to get financing or merchandise on credit.
With his loan of 200,000, Mr. L. would like to purchase Niébé (a local cereal) in bulk which he will then sell in town. He is married with four children, the youngest aged 16.
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.