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Mbaye
Monsieur Mbaye is 28 years old. He lives in Senegal. He works both as a builder and a poultry farmer. He has 6 years work experience in these activities. He has been a member of his local branch of U-IMCEC since June 2005. He has already repaid a previous loan. He is requesting a loan of 300,000 francs so that he can buy sheep for resale. His aim is to maximize his revenues since his first loan enabled him to generate profits that he used to pay off the debts he had accumulated and to set up a fund of working capital.
View original language description ↓
Monsieur Mbaye est âgé de 28 ans . Il vit au Sénégal. Il est en meme temps maçon et éleveur aviculteur. Il a une expérience de 6 ans dans ses activités. Il est membre du guichet de l’U-IMCEC de la localité ou il vit depuis juin 2005. Il a déjà remboursé un crédit antérieur. Il sollicite un crédit de 300 000 frs prévu pour l’achat de moutons à revendre. Son objectif et de maximiser es revenus dan s la mesure ou son premier prêt lui a permis de réaliser des bénéfices qu’il a utilisé pour éponger les dettes qu’il avait contracté et constituer un fond de roulement.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,190,625
    Funds lent in using Kiva
  • 485.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mbaye to buy sheep for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012