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Sidy  Ndiaye
The borrower is a married man, the father of three children who all attend school. His job is driving a bus transporting tourists whom he conveys to various cultural sites in the country. Moreover, he has an urban transport vehicle. The income from this taxi allows him to improve living conditions for his family. In this way, he manages every month to pay the school fees for his three children, the bills for water and electricity and his rent.

Unfortunately, for two months now, the taxi's motor has been out of commission, causing him difficulty in supporting his family correctly. In order to repair that vehicle, he is asking for a loan of 400,000 francs to buy another motor. His ambition is to get his businesses going again and expand them.
View original language description ↓
L'emprunteur est un homme marié , père de trois enfants qui vont tous à l'école.Il exerce le métier de chauffeur de car de transport de touristes qu'ils conduit dans les différentes sites culturels du pays.En outre, il dispose d'un véhicule de transport urbain.Les revenus que génère ce taxi lui permettent d'améliorer les conditions de vie de sa famille.Il parvient ainsi , chaque mois à payer les frais scolaires de ses trois enfants, les factures d'eau, d'électricité ainsi que ses charges locatives.Malheureusement, depuis deux mois, le moteur du taxi est tombé en panne , le plongeant ainsi dans des difficultés pour une prise en charge correcte des besoins de sa famille. Afin de réparer le véhicule, il sollicite un prêt de 400000f pour acheter un autre moteur.Son ambition est de relancer et d'élargir ses activités.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 489.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Sidy Ndiaye to buy another motor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 9, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2013