The borrower is a married man, father to three children of whom two go to school. He has been practicing the business of traditional breeding for almost 30 years but due to the rarity of pasture caused by lack of recorded rainfall, he reoriented himself toward intensive breeding notably cattle feeding.
He buys his cows in the weekly markets, fattens them during six months to resell them in the large cities. This business allows him to take care of the needs of the members of his family as well as his own. To strengthen his income, he is requesting a loan of 250,000f in order to buy two cows. His goal is to expand his purchasing capacity.
L'emprunteur est un homme marié, père de trois enfants dont les deux vont à l'école.Il exerce l'activité d'élevage traditionnelle depuis près de 30ans mais du fait de la rareté du pâturage causée par la faiblesse de la pluviométrie, il s'est tourné vers l'élevage intensif notamment l'embouche bovine. Il achète des bœufs dans les marchés hebdomadaires, les engraisse durant 6 mois pour les revendre dans les grandes villes.Cette activité lui permet de prendre en charge les besoins des membres de sa famille ainsi que ses propres besoins.Pour renforcer ses revenus, il sollicite un pret de 250 000f afin d'acheter 2 bœufs.Son ambition est d'élargir ses capacités d'achat.
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.