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Modou
The borrower is a newlywed who works as a merchant. He lives in the family home with his brothers and sisters. To improve intimacy, he plans to build three rooms to accommodate his wife.

Therefore he is requesting a 400,000 loan to complete his purchase of construction materials. His ambition is to build his own house.
View original language description ↓
L'emprunteur est un jeune marié qui pratique le commerce.Il vit dans la maison familiale avec ses frères et sœurs. Pour palier à la promiscuité, il envisage de construire trois chambres et y héberger son épouse.Il sollicite ainsi un prêt de 400000f pour compléter l'achat de matériel de construction. Son ambition est de construire sa propre maison.

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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    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 Modou buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 18, 2012