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Amadou
Amadou is 39 years old, married and a father. He has been a calèche (horse-drawn carriage) driver for 18 years. The income from his business enables him to satisfy his family´s needs. He also has a sideline business selling horses, and it is for this enterprise that he is requesting a five hundred thousand franc (500 000 FCFA) loan from the UIMCEC branch.

Amadou is currently on his 3rd loan and has been able to make a profit from his financial activities. He would eventually like to be able to build a shelter for the animals, in order to facilitate access and business transactions.
Monsieur Amadou âgé de 39 ans, marié et père de famille est un transporteur de calèche de profession depuis 18 ans. Et c’est avec les recettes de son activité qu’il arrive à satisfaire les besoins de sa famille. Il vend parallèlement des chevaux et c’est d’ailleurs ce projet qui motive sa demande de prêt de cinq cent mille francs (500000fcfa) au niveau du guichet. Il faut noter qu’il est à sa troisième expérience dans le crédit et qu’il a su tirer profil de ses opérations financières.
Amadou aimerai dans l’avenir construire un abri pour ces bêtes afin de faciliter l’accès et les transactions.

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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Amadou to buy horses for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 15, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 18, 2012