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Amath
The borrower is a young single man, who lives with his parents. He is involved in the local transport of passengers on his motorcycle. This activity allows him to take care of his own needs and to help his family pay for food and healthcare costs. In order to increase his income, he is requesting a loan of 400,000 francs which will be used to buy his own motorcycle. His ambition is to buy five motorcycles to put them into circulation.
View original language description ↓
L'emprunteur est un jeune célibataire qui vit avec ses deux parents.Il exerce le transport en motocyclette de voyageurs dans sa localité.Son activité lui permet de subvenir à ses propres besoins et de soutenir sa famille dans la prise en charge des dépenses d'alimentation et de santé. Pour améliorer ses revenus, il sollicite un pret de 400000f afin d'acquérir sa propre moto.Son ambition est d'acheter cinq motos pour les mettre dans la circulation.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,825
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Amath to buy his own motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012