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Déthié
This borrower is a peasant farmer who grows millet and peanuts and who operates market garden during the dry season. During the rainy season, he buys cows and sheep, and he fattens and resell them on the market. This diversity in his businesses enables him to support his wife and his two children.

He is requesting a loan of 150,000 francs to buy 4 heads of sheep at 20,000 francs each and 2 sacks of feed, as well as some peanut meal, to feed them. When they are fattened enough, the sheep will be sold at 60,000 francs each and should bring in the revenues substantial enough to improve his family’s living conditions. His ambition is to open a shop selling grocery items and animal feed.
View original language description ↓
L'emprunteur est un paysan qui cultive le mil, l'arachide et pratique le maraichage en saison sèche.En saison des pluies, il achete des vaches et des moutons qu'il engraisse et revend sur le marché local.Cette diversité de ses activités lui permet de prendre en charge son épouse et ses deux enfants.Il sollicite un pret de 150000F pour acheter 4 moutons à 20000F l'un et 2 sacs d'aliment bétail ainsi que des tourtereaux d'arachide pour leur nourriture.Bien engraissés, les moutons seront vendus 60000F l'un et devront lui procurer des revenus assez consistants pour améliorer les conditions de vie de sa famille.Son ambition est d'ouvrir une boutique de vente de produits alimentaires et d'aliments de bétail.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 455.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Déthié to buy 4 heads of sheep at 20,000 francs each and 2 sacks of feed, as well as peanut meal, to feed them.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012