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Lamine
Mr. Lamine M. is a young 23-year old man from Yoff, who lives in the Ngaparou district. He is single and has no children in his care. Mr. M. chose his trade as a mechanic out of love for this activity but he is also interested by its lucrative nature. In 2002 this was his only occupation. But in 2005 he began trading in spare parts.

He has been a shareholder-member of the savings institution in Yoff since June 2009 but has never taken out any loan from the institution. He is now requesting a loan of 300,000 francs to boost his stock of spare parts which he sells in his "canteen". His aim is to make his activity more profitable and to improve his family's living conditions. His dream for the future is to get a large spare parts shop.
View original language description ↓
Monsieur Lamine M. est un jeune yoffois de 23 ans qui habite dans le quartier de Ngaparou. C’est un célibataire qui n’a aucun enfant en charge.
Monsieur M. a choisi l’activité de mécanicien par passion mais il est aussi intéressé par l aspect lucratif de l’activité. En 2002 c’était sa seule préoccupation. Mais en 2005 il a commencé à pratiquer le commerce de pièces détachées.
Il est sociétaire de la caisse de Yoff depuis juin 2009 mais n’a jamais bénéficié de crédit au sein de l’institution. Il sollicite un crédit de 300 000 frs en vue de renforcer le stock de pièces détachées qu’elle commercialise dans sa cantine.
Son objectif visé est de mieux rentabiliser son activité et d’améliorer les conditions de vie de sa famille. Son rêve et de se procurer un grand magasin de pièces détachées dans l’avenir.

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

  • $2,300
    Average annual income
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,894,400
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD