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Elimane
The borrower is a married man, and has 3 children, one of whom goes to primary school. He has been into metalwork for about 12 years. He buys wrought iron which he uses to make beds, tables, and other items, which he sells to his customers. He gains a substantial income from this occupation, which enables him to provide for his wife and his 3 children. To increase his income, he is applying for a 500000f loan, so he can buy wrought iron as well as some accessories. His ambition is to turn his workshop into a company.
View original language description ↓
L'emprunteur est un homme marié, père de 3 enfants dont l'un est élève à l'école primaire.Il exerce dans la menuiserie métallique depuis près de 12 ans.Il achète du fer forgé et confectionne des lits, des tables et d'autres articles qu'il revend à ses clients. Cette activité lui rapporte des revenus assez substantiels qui lui permettent de prendre en charge son épouse et ses trois enfants. Pour améliorer ses revenus, il sollicite un prêt de 500000f pour acheter du fer forgé et des accessoires.Son ambition est de transformer son atelier en entreprise.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Elimane to buy wrought iron as well as some accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2013