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Maguette
Maguette lives in a town near the economic capital of Senegal and has over 7 years experience as a poultry farmer. He is currently raising over 100 chicks on his farm and is the main supplier of one of the area's large restaurants. He is requesting this loan in anticipation of customer demand and to ensure a steady business flow. The money will be spent on buying chicks - which are becoming difficult to find - and the feed they need in order to ensure a good growth rate, which will enable Maguette to fulfill customer demand. He will also use some of the loan to increase the size of his coop.
Habitant dans une ville qui est proche de la capitale économique du Sénégal, c'est un aviculteur de plus de 7 ans d'expérience. Il éléve dans son champ plus de cent poussins et est le principal fournisseur d'un grand restaurant de la place. C'est pour cela qu'il sollicite un prêt pour anticiper sur la demande et d'avoir une activitée continuelle. Le prêt lui permet de se ravitaillé en poussins qui se font rare et d'acheter de l'aliment pour garantir une bonne croissance afin de répondre au exiqence des clients. ET de lui permettre d'augmenté la taille de son nid.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 483.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Maguette to buy chicks and feed, and increase the size of his coop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2012