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André
The borrower is a married father of three children. He is a livestock farmer who specializes in fattening cattle and sheep.

He buys cows and sheep at the weekly regional markets. After four to five months of fattening, he sells them with a sizeable margin. He maintains his family with the income from this activity.

To increase the income, he is requesting a loan of 400,000 francs from UIMCEC to purchase two oxen. His aim is to fence in one of his plots to raise livestock.
View original language description ↓
L'emprunteur est un homme marié, père de trois enfants.Il pratique l'activité d'élevage notamment l'embouche bovine et ovine.Il achète des vaches et des moutons sur les marchés hebdomadaires de sa région.Après quatre à cinq mois d'engraissement, il les revend avec une marge bénéficiaire assez importante.Il entretient sa famille avec les revenus tirés de cette activité. Pour augmenter ces revenus, il sollicite un prêt de 400000f de l'UIMCEC afin d'acheter 2 bœufs.Son ambition est de clôturer une de ses parcelle pour en faire une ferme d'élevage.

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

  • $2,300
    Average annual income
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 492.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped André buy two oxen.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 23, 2011
Listed
Nov 25, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013