Cheikh lives several kilometers from the main city, and is a married father with a family. He wants to improve his family's food conditions, and also supports his own father with the daily household expenses.
Cheikh has worked in transportation for more than six years, and has a car park where he keeps the second-hand cars he buys. In the park he refurbishes his cars, before reselling them. Concerned about all his expenses, he works from 8 am until 7 pm. He has requested a loan of 500,000 francs to make up the money he needs to buy a second-hand car on which he has already agreed a price. With the profits he will make from the sale, he plans to support his father and family financially, as well as to save some money. Cheikh wants to expand his car park one day, so he can earn more money.
Mr Cheikh habite à quelques kilomètres de la ville principale, marié et père de famille, en plus de vouloir améliorer les conditions alimentaires de sa famille, il appuie son père aux dépenses quotidiennes de la maison.
Il s’active dans le transport depuis plus de 6 ans et a un parc automobile où il met les voitures d’occasion qu’il achète pour les retaper avant de les revendre. Soucieux de toutes ses charges il travaille de 8 h à 19 h .Mr Cheikh demande un crédit de 500 000 f pour compléter la somme d’une voiture déjà marchandée, il compte avec le bénéfice qu’il aura de la vente appuyer financièrement son père et sa famille, épargner une partie. Mr CHEIKH veut agrandir un jour son parc automobile afin de gagner plus d’argent.
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.