Mr. Magatte G. has been a mechanic, goods carrier and driver of a fast coach for the past ten years. He is married, 57 years old and he is father and breadwinner for a family of five children, whose ages vary between two and 17 years old. He also has responsibility for five other relatives. He has been a shareholder-member of the Baye-Laye savings bank since June 2009 and has never had a loan from the institution. Previously, he was an apprentice mechanic but now he has a mechanics certificate. It is above all during the period of Magal and Tabaski that his activity really booms. He is requesting a loan of 500,000 francs to repair his fast coach which has broken down. It is a vehicle which allows him to provide transport around town for his passengers, and this brings him a daily income, which enables him to manage his family and save on a regular basis to provide for unforseen expenses.
Monsieur Magatte G. est un mécanicien transporteur conducteur d’un car rapide depuis 10 ans. Il est marie, âgé de 57 ans, père et soutien d’une famille composée de 5 enfants dont l’âge varie entre 2 et 17 ans. Il a aussi en charge 5 autres parents. Il est sociétaire de la caisse de Baye Laye depuis juin 2009 et n’a jamais bénéficié de prêt antérieur au sein de l’institution. Auparavant il était apprenti mécanicien mais actuellement il est en possession d’un certificat en mécanique. C’est surtout pendant la période de Magal et de Tabaski que son activité connait un essor considérable. Il sollicite un crédit de 500 000 frs pour réparer son car rapide qui est tombe en panne. C’est un véhicule qui lui permet d’assurer le transport urbain des passagers et ceci lui procure des recettes journalières qui lui permettent de gérer sa famille et d’épargner régulièrement pour régler les imprévus.
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.