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Modou
Modou S. has been a metal worker since 1998 and he manages his own workshop with the help of some trainee workers. At the same time he is also active in poultry farming. He started with this business in 2003, thanks to some friends who were already in the business. Modou S. got recently married and he hopes to enlarge his poultry business in order to increase his revenue. For this reason he requested a loan of 150 000 FCFA to buy 200 poussins and all the necessary to feed them. This young man of 26 years of age hopes that this loan will help him to develop and improve his business in order to provide for his family needs.
View original language description ↓
Monsieur Modou S. est menuisier métallique depuis 1998 et gère son atelier avec quelques employés apprentis. Parallèlement à son activité, Monsieur S. s’active dans l’aviculture, un secteur qu’il a embrassé depuis 2003 sous l’influence d’un de ses amis aviculteurs.
Marié récemment, Monsieur S. compte augmenter ses revenus en renforçant l’aviculture. C’est ainsi qu’il demande un prêt de 150 000 FCFA pour acheter 200 poussins et y gérer tous les besoins pour l’aliment des poussins. Cependant ce jeune âgé de 26 ans espère avec ce crédit développer et accroitre son business afin de régler les besoins familiaux.

Additional Information

About UIMCEC

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

  • $1,759
    Average annual income
  • 44
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 470.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Modou purchase of poussins.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2010
Listed
Jan 30, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010