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El Hadji Ousmane
The borrower is a youth who stopped his studies in the third year of college because he was the only one supporting his two parents. So he began transporting merchandise by cart. With the saturation of this sector, he was no longer able to make the daily payments to his employer and make a profit.

So he turned to motorcycle transport, which is the main mode of transportation in his town. After one year, he was able to buy his own motorcycle and to save in his account opened at the UIMCEC. He also manages to regularly take care of the daily expenses for the care of his family.

Today, to improve his income, he wants to buy a new motorcycle and is thus requesting a loan of 400,000f from the UIMCEC. His goal is to set up a motorcycle transport park in his town.
View original language description ↓
L'emprunteur est un jeune qui a arrêté ses études en classe de troisième au collège car étant le seul soutien de ses deux parents. Il s'est lancé alors dans le transport de marchandises par charrette. Avec la saturation de ce secteur, il ne parvenait plus à assurer le versement quotidien à son employeur et à avoir un bénéfice.Il s'est alors tourné du côté du transport par motocyclette, principale moyen de déplacement dans sa ville.Après un an, il arrive à acheter sa propre moto et à épargner dans son compte ouvert à l'UIMCEC.Il parvient aussi à assurer régulièrement a dépense quotidienne pour l'entretien de sa famille. Aujourd'hui, pour améliorer ses revenus, il veut acheter une nouvelle motocyclette et sollicite ainsi auprès de l'UIMCEC un prêt de 400 000f.Son ambition est de constituer un parc de motocyclette de transport dans sa localité.

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
  • 88
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 502.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD