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.
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.
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.