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Moustapha
Moustapha lives about 22 kilometers from the main town in a small village that tends to attract attention thanks to its vegetable market. Moustapha has been a farmer for 20 years. He is married and the father of four children. This will be his third loan via IMCEC with which he would like to purchase seeds. To this end, he will need 500,000F CFA for the purchase of 7 pots of cabbage seeds, 30 sacks of manure, and 8 liters of fuel.

With the profits of his work, he is able to take care of his wife and children as well as his mother. He would like to expand his operation and woking capital in the future in order to better manage his business.
View original language description ↓
L’emprunteur s’appelle Moustapha, il loge à environ 22 km de la ville principale, un petit village qui tend vers la popularité grâce à son marché de légumes. Moustapha est un agriculteur depuis 20 ans. Il est marié et père de 4 enfants. Il est à son 3ème crédit à l’IMCEC et aimerait renouveler pour acheter des semences .Et pour cela, il a besoin de 500000F CFA pour pouvoir acheter 7 pots de semences de choux, 30 sacs de fumier, 8 litres de gasoil.
Avec les bénéfices de son exploitation il réussi à entretenir sa femme et ses enfants, mais aussi sa maman. Il aimerait agrandir son exploitation et son fond de roulement dans l’avenir afin de mieux gérer l’exploitation.

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
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,891,275
    Funds lent in using Kiva
  • 501.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Moustapha to purchase cabbage seeds, manure, and fuel for his farming operations.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 12, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 19, 2013