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Thierno
He is married and sells peanut plant stalks, a very special by-product which farmers use to feed their livestock. He has four children with one attending school at this time. The business has turned out to be very profitable and the profits have allowed him take care of his family. In order to increase his capital, he is requesting a loan of 400,000 cfa francs to purchase 200 sacks of peanut plant stalks. His goal is to strengthen and grow the business.
View original language description ↓
L'emprunteur est un homme marié qui vend de la paille d'arachide, un fourrage très privé par les éleveurs pour l'alimentation des leurs bètes.Il est père de 4 enfants dont l'un fréquente l'école primaire.Son activité s'avère très rentable et lui procure des revenus qui lui permettent de prendre en charge les frais d'entretien de sa famille.Afin d'augmenter son fonds de commerce, il sollicite un pret de 400000f afin d'acheter 200 sacs de paille d'arachide. Son ambition est de renforcer son commerce.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,166,800
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Thierno to buy 200 sacks of peanut plant stalks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2013