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Omar
Omar, in his forties, lives in Senegal. He is married and has 4 children between the ages of 7 months and 13. He has been selling chickens for 2 years. He chose this activity because it was profitable. What matters most to him is the income and the experience he is getting in this field. He has been a member of a branch of U-IMCEC since April 2006. He has already paid 2 loans back. He is applying for a 500 000 loan so that he can increase his stock of chicken, which he will then resell. An increase in his profits will enable him to better meet the daily needs of his family.
View original language description ↓
Monsieur Omar vit au Sénégal et est âgé d’une quarantaine d’années. Il est marié et père de 4 enfants dont l’âge varie entre 7 mois et 13 ans. Il s’active depuis deux ans dans la vente de poulets. Il a choisi cette activité a cause de sa rentabilité. Ce qui l’intéresse le plus ce sont les revenus qui lui sont procurés ainsi que l’expérience qu’il acquiert dans ce domaine. Il est membre de l’un des guichets de l’U-IMCEC depuis avril 2006. Il a déjà remboursé 2 prêts antérieurs. Il sollicite un crédit de 500 000 prévus pour l’achat de poulets destinés à la vente en vue de renforcer son stock. L’accroissement de ses bénéfices lui permet de mieux supporter les besoins quotidiens de sa famille.

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

  • $1,759
    Average annual income
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    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 Omar to buy chickens he will resell.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 20, 2013