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El Hadji Aly Ndiaye
El Hadji is a young furniture maker who has been in this trade for nearly eight years. He reinvested his profits in revenue-generating businesses and especially in raising sheep. So he built a pen at his house and frequently purchases sheep, which he fattens for a few months and then resells.

El Hadji is a married father with four children, of whom two are in primary school. In addition to his small family, he supports his two parents, as well as his brothers and sisters, who do not yet have steady jobs.

To increase his profits and thus to cope with his heavy responsibilities, El Hadji is requesting a loan of 200,000 francs to buy five head of purebred sheep. His ambition is to raise cows.
View original language description ↓
El Hadji est un jeune menuisier qui exerce ce métier depuis près de huit ans.Il réinvestit ses bénéfices dans des activités génératrices de revenus et surtout dans l'embouche ovine.Ainsi, il a construit un enclos chez lui et achète fréquemment des moutons qu'il engraisse pendant des mois avant de les revendre.Il est marié et père de 4 enfants dont les deux fréquentent l'école primaire.En plus de sa petite famille, il a en charge ses deux parents ainsi que ses frères et sœurs qui n'ont pas encore d'emplois stables.Afin d'augmenter ses bénéfices et faire ainsi face à ses lourdes charges, El Hadji sollicite un pret de 200 000f pour acheter 5 moutons de race.
Son ambition est de faire plus tard 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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 507.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped El Hadji Aly Ndiaye to buy five head of purebred sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2012
Listed
May 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013