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El Hadji Ali Ndiaye
The borrower is a 31-year old man. He is married and the father of one child. He lives with his two sisters, brother, mother and father. He takes care of the house rent, food for the family, his mother’s healthcare expenses as well as water and electricity bills. HE has been raising poultry for two years. He started raising broiler chickens with the savings he was able to put together thanks to his work as a cabinet maker, which is his proper trade. He has a workshop in the village. He also raises sheep between two cycles of breeding chickens. Raising poultry and ship bring him necessary additional income to support this family and himself. He has been a member of IMCEC since 2008 and obtained four loans in the past, all fully reimbursed without delays. He is seeking a loan of 150,000 for his poultry business, in order to buy two cases of chicks, two 50-kg bags of chicken feed, and veterinary products. After selling chickens two months later, he should receive substantial income helping him to meet the costs of rent, food, healthcare, water and electricity. His future goal is to have a big chicken coop built on the land plot which he had recently bought, but also, and above all, to have a house built for is family.
View original language description ↓
L'emprunteur est un jeune agée de 31 ans. Il est marié et pére d'un enfant. Il vit avec ses deux soeurs, son frére,sa mére et son pére. Il prend en charge les dépenses de location de la maison , l'alimentation de la famille, les frais de santé de sa mére ainsi que le paiement des factures d'eau et d'électricité.Il pratique l'activité d'aviculture depuis 2 ans.Il a demarré l'élevage de poulets de chair avec des économies faite sur son activité de menuisier ébeniste qui est sa véritable profession et dont il dispose d'un atelier dans sa localité.Il pratique aussi l'élevage de moutons entre deux opérations d'élevage de poulets.L'aviculture et l'élevage de moutons lui rapportent toutefois des revenus supplémentaires pour faire face aux besoins de la famille et à ses propres besoins.Il est sociétairte de l'IMCEC depuis 2008 et a obetenu quatres préts remboursés intégralement sans retards. Il sollicite pour son activité avicole un pret de 150 000f pour l'achat de 2 caisses de poussins de chair, de 4 sacs de 50kg d'aliment de poussins et des produits vétérinaires. La vente des poussins àprés deux mois d'élevage devrait lui rapporter des bénéfices substantiels qui l'aideront à faire face à ses dépenses de location, d'alimentation, de santé, d'eau et d'électricité.Il ambitionne plus tard de construire un grand poulailler sur un terrain qu'il a acquis reccement mais aussi et surtout de construire une maison pour la 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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 452.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped El Hadji Ali Ndiaye to buy two cases of chicks, 4 bags of chicken feed, and veterinary products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2011
Listed
Jul 6, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012