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Madiama
Mr. Madiama D. lives in Yoff, but he has been member of the UIMCEC credit union in Ouakam since last year. He has already benefitted from an earlier loan. He is 51 years old, married and the father of two children. He raises sheep for resale. He has had seven years of experience in this business, to which he has been attracted since childhood. He is seeking a loan of 400,000 West African francs in order to purchase sheep for resale. His previous loan allowed him to grow his business and to achieve a sales volume which is necessary in view of his family responsibilities.
View original language description ↓
Monsieur Madiama D. habite a Yoff mais il est sociétaire de la caisse de l’U-IMCEC a Ouakam depuis l’année dernière. Il a déjà bénéficié d’un prêt antérieur au sein de l’institution. Il est âgé de 51 ans, marie et père de 2 enfants. Il s’active dans le domaine de l’élevage et du commerce de moutons. Il a une expérience de 7 ans dans cette activité qu’il a choisie par passion depuis son enfance. Il sollicite un crédit de 400 000 frs destine a l’achat de moutons qu’il va revendre. Son premier crédit lui a permis d’avancer dans ses activités et d’atteindre une capacité de faire face à ses charges de chef de 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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 485.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Madiama bolstering the business capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Apr 19, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011