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Ousmane
Ousmane is a married man who practices three business activities: transportation, clothing sales, and cattle fattening. He has been driving a city taxi since 2005. As a secondary activity, he occasionally buys an ox which he fattens over a few months for resale. He also has a small clothing store run by one of his sisters. With such diverse activities, he is able to earn substantial income that allows him to provide for his family’s needs.

To strengthen his working capital, he is seeking a loan of 300,000F to buy trousers, shirts, fabrics and various other items. In the future, he plans to launch a market gardening activity.
Ousmane est un homme marié qui exerce trois activités: lr transport, le commerce de vêtement et l'embouche bovine.Il conduit un taxi de transport urbain depuis 2005.En même temps , il achète périodiquement un bœuf qu'il engraisse durant quelques mois avant de le revendre. Il a une cantine de vente d'habits tenue par une de ses sœurs.Cette diversité d'activités lui assure des revenus assez intéressants qui lui permettent de prendre en charge les dépenses d'entretien de la famille.Afin de, renforcer son fonds de commerce, il sollicite un pret de 300000f pour acheter des pantalons, des chemises, des tissus et d'autres articles divers. Il ambitionne de se lancer dans le maraîchage.

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
  • $13,192,350
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ousmane to buy trousers, shirts, fabrics and various other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2012
Listed
May 15, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014