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El Hadji Birane
Birane is a young, single man with no children. For two years now, he has been running a store where he sells agricultural products such as millet, peanut straw, and feed concentrates for cattle. Despite his young age, he supports his two parents as well as his brothers and sisters, who he provides for with the income from his business.

Already, he has been granted and has paid back three loans through UIMCEC : one that amounted to 300,0000f, and two that amounted to 500,000f. In order to strengthen his business, he is seeking another 500,000f loan to buy 300 bags of peanut straw, 10 bags of millet, and 25 bags of cattle feed. Birane is striving to strengthen his business and enlarge his store.
View original language description ↓
Birane est un jeune, célibataire, sans enfants. Il tient depuis 2 ans un magasin de vente de produits agricoles comme le mil, la paille d'arachide et des aliments concentrés de bétail.Malgré son jeune âge, il a en charge ses deux parents ainsi que ses frères et sœurs qu'il entretient avec les revenus tirés de son commerce.Il a déjà obtenu et remboursé 3 prêts de l'UIMCEC : 300000 et deux fois 500000f. Afin de renforcer son fonds de commerce, il sollicite un autre prêt de 500000f pour acheter 300 sacs de paille d'arachide, 10 sacs de mil et 25 sacs d'aliments de bétail. Birane ambitionne de renforcer ses activités et d'élargir son magasin.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,166,800
    Funds lent in using Kiva
  • 498.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped El Hadji Birane to buy 300 bags of peanut straw, 10 bags of millet, and 25 bags of cattle feed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013