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Cheikh Oumar
Mr Cheikh is a livestock farmer, who raises sheep, cows, etc. He has been in this business for more than 5 years, and this is his first loan with UIMCEC. With this first loan, he would like to launch a Tabaski operation (Eid al-Adha), which he successfully did last year, with his own funds. This year, he would like to take on a loan to complete the money he already has. He gets his supplies in Fouta and in Orkedji.
View original language description ↓
Monsieur Cheikh est un éleveur de bétail tel mouton et vaches, il s'active depuis plus de 5 ans dans ce domaine.Il est membre d'un guichet de l'U-IMCEC et n'a jamais bénéficié de crédit dans la dite institution. Actuellement il sollicite un crédit de 300000f dans le but de financer une opération de vente de moutons.C'est une opération qu'il a testé l'année dernière et qui a connu une réussite de sorte que cette année il souhaite augmenter son fond de roulement et reprendre la même opération.son objectif est d'accroitre ses gains financiers.

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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 475.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Cheikh Oumar to buy sheep to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012