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Moustapha
This borrower is a married man and the father of six children, of whom four are students. He works in the trade of carpentry, especially in construction and in repairing fishing boats. He has working at this since 1983 while he was still a young apprentice of his father's, who taught him the trade. Today, he has his own workshop and manages to support his family and himself with the income derived from carpentry.

To increase his production capacity, he is requesting a loan of 300,000 francs to buy boards and tree trunks. His ambition is to build a large warehouse for lumber and woodworking.
View original language description ↓
L'emprunteur est un homme marié , père de 6 enfants dont 4 élèves.Il exerce le métier de charpentier notamment la construction et la réparation de pirogues de pêche.Il pratique cette activité depuis 1983 alors qu'il était encore jeune apprenti de son père qui lui a appris le métier.Aujourd'hui, il a son propre atelier et parvient à entretenir sa famille et à satisfaire ses besoins avec les revenus tirés de la charpenterie.Pour augmenter ses capacités de production , il sollicite un pret de 300000f pour acheter des planches et des troncs d'arbres morts.Son ambition est de construire un grand dépot de bois de menuiserie et de charpenterie.

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
  • 471.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Moustapha to buy planks and tree trunks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012