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Mactar
Mr. Matar N. is a young, 29 year old, resident of Ouakam and a member of the U-IMCEC credit union for the last 5 years. He is single with no children, but must meet personal expenses. For the past 6 years, he has been raising poultry. It is a way for him to avoid falling into the trap of unemployment. For him, the most exciting stage is their 10 first days of development. Mr N. requesting a loan of 150 000 francs for the purchase of chicks to increase his flock. Since he lost his mother, and his father is retired, his income allows him to support his family members.
View original language description ↓
Monsieur Matar N. est un jeune ouakamois de 29 ans sociétaire de la caisse de l’U-IMCEC depuis 5 ans. Il est célibataire sans enfants mais doit subvenir a ses charges personnelles. Depuis 6 ans il s’adonne a l’aviculture. C’est un moyen pour lui de ne pas tomber dans le piège du chômage. Pour lui l’étape la plus passionnante dans son activité c’est la période des 10 premiers jours marquée par leur évolution. Monsieur N. sollicite un crédit de 150 000 frs pour l’achat de poussins afin d’augmenter le nombre de ses sujets. Il est orphelin de mère, son père étant retraite ses revenus lui permettent de soutenir ses membres de sa famille.

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
  • 11
    View loans »
    Senegal Loans Fundraising
  • $12,847,250
    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 Mactar purchasing chicks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Jan 31, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 1, 2011