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Momar
Mister Momar has been a driver for a public transportation company for 15 years. He is 54 years old, married, and a father. He owns a house which he is currently in the process of building, so as to be able to provide shelter for his family. To this end, he needs support from IMCEC, from which he requested a first loan of 500,000 XOF. With it, he will purchase doors and windows as well as get aluminum balconies built. Momar takes care of his family, providing food and paying the bills.
Currently, his only concern is to complete construction and to be in a stable situation vis-à-vis rental.
View original language description ↓

Monsieur Momar est chauffeur dans une société de transport en commun depuis 15 ans. Il est âgé de 54 ans, marié et père de famille. Il possède une maison qu’il est entrain de construire pour pouvoir abriter sa famille. Pour cela, il a besoin de l’appui de l’IMCEC ou il vient solliciter pour la 1ère fois, un crédit de 500000F CFA pour acheter des fenêtres, des portes et monter des balcons en aluminium. Momar s’occupe de sa famille, de la nourriture et du payement des factures.
Son seul souci actuellement est d’achever la construction de sa maison et d’être stable concernant la location.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 517.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Momar to buy doors and windows for his house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013