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Ngor
Ngor is a married man. He is the father of eight children, two of whom attend school. He has been raising sheep for several years. He buys his sheep at the weekly markets in the region, fattens them up, then resells them six months later. This work proves to be quite profitable and brings in an income which allows him to meet his family's needs. In order to start a new operation, he is requesting a loan of 200,000 f to buy 7 sheep. His goal is to switch to raising cattle later on.
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Ngor est un homme marié.Il est père de 8 enfants dont 2 vont à l'école.Depuis plusieurs années, il pratique l'embouche ovine.Il achète des moutons dans les marchés hebdomadaires de la région , les engraisse et les revend 6 mois plus tard. L'activité s'avère très rentable et lui rapporte des bénéfices qui lui permettent de prendre en charge les besoins de sa famille. Pour démarrer une nouvelle opération, il sollicite un pret de 200000f afin d'acheter 7 moutons.Son ambition est dépasser plus tard à l'embouche bovine.

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
  • $12,848,050
    Funds lent in using Kiva
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ngor to buy seven sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 9, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012