The borrower is a married man who lives with his wife and his three children. He is a cattle farmer and specialises in fattening cattle. He buys his cattle stock at the weekly inland markets and sells them at the local market. He pays for the food, clothing, health, and schooling costs for his children. To increase his activity, he requests a loan of 500000 Fr to purchase four bullocks. His ambition is to develop his business.
L'emprunteur est un homme marié qui vit avec son épouse et ses trois enfants.Il pratique l'élevage notamment l'embouche bovine. Il s'approvisionne dans les marchés hebdommadaire de l'intérieur du pays en boeufs qu'il engraisse et revend sur le marché local.Il prend en charge les dépenses d'alimentation, d'habillement, de santé ainsi que les frais de scolarité de ses enfants.Pour renforcer son activité, il sollicite un prêt de 500000f afin d'acheter quatre bœufs. Son ambition est d'élargir son activité.
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.