Mr. Medoune F. lives in Dalifort. He is 54 years old and married. He is a professional insurer who owns a personal home he wishes to improve and lease. The first floor of the house is in the finishing phase of construction which is why he is seeking a loan of 400,000 francs. He has been a member of the Dalifort bank for 6 years. This loan will enable to increase his monthly revenues and better manage the needs of his family.
Monsieur Medoune F. habite a Dalifort. Il est marié et âgé de 54 ans. C’est un assureur de profession qui dispose dune maison personnelle qu’elle veut valoriser et mettre en location. La construction du premier niveau de la maison est en phase de finition d’où il sollicite un crédit de 400 000 frs .Il est sociétaire de la caisse de Dalifort depuis 06 ans. Ce financement lui permettra d’accroitre ses revenus mensuels et de mieux prendre en charge les besoins de la famille.
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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.