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Saidou
This borrower is a teacher who began his career 34 years ago. He has served in five different regions of the country and now is the principal of the primary school in his locality. He is married and the father of seven children. Being unable to continue putting up with the expense of renting, he began building a house. He is asking for a loan in the amount of 500,000 francs to buy cement, electrical goods, and pay for labor. His ambition is to finish his house and settle his children there.
View original language description ↓
L'emprunteur est un enseignant qui a démarré sa carrière il y'a 34 ans.Il a servi dans cinq régions du pays et est aujourd'hui directeur de l'école primaire de sa localité.Il est marié et père de sept enfants. Ne pouvant plus supporter les dépenses de location, il a entamé la contruction de sa maison.Il sollicite un pret de 500 000F pour l'achat de ciment, de matériel électrique et de paiement de la main d'oeuvre.Son ambition est de terminer sa maison et d'encadrer ses enfants.

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 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.

About Senegal

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 452.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Saidou to buy cement, electrical material, and pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Aug 27, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012