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Ousmane
This borrower is a married man and the father of two children. He is in the business of raising livestock intensively, particularly the fattening of sheep. He buys sheep at low prices at the weekly markets in his town and then fattens them while providing good veterinary care before he resells them at the end of six months at city markets. This business enables him to care for his family by meeting their basic needs in terms of food, health care, clothing....

To increase his business capital, he is requesting a loan of 200,000 francs to buy ten sheep. His ambition is to bolster his business.
View original language description ↓
L'emprunteur est un homme marié , père de deux enfants .Il pratique l'élevage intensif notamment l'embouche ovine.Il achète des moutons à bas prix dans les marchés hebdomadaires de sa localité, les engraisse avec un bon suivi vétérinaire avant de les revendre au bout de 6 mois sur les marchés de sa ville.Cette activité lui permet d'entretenir sa famille en leur satisfaisant l'essentiel de leurs besoins alimentaires, sanitaires, vestimentaires...Pour augmenter son fonds de commerce, il sollicite un prêt de 200 000f afin d'acheter 10 moutons. Son ambition est de renforcer son activité.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ousmane to buy ten sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012