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Momar
Mr. MOMAR is a married man who lives in Senegal. He has been a fisherman by trade for over thirty years. He is the father of seven children who he supports. He is a member of one of the U-IMCEC branch offices. He is requesting a loan of 300,000 francs CFA. This amount being borrowed will be for refurbishing his boat (paint and carpentry).

His ambition is to make his business more profitable in the fishing sector, so that it increases his revenues considerably and progressively. This will enable him to acquire other boats and fishing supplies and equipment in the future.
View original language description ↓
Monsieur MOMAR est un homme marié qui vit au SENEGAL. Il est pêcheur de profession depuis plus de 30 ans. Il est père de sept enfants dont il a la charge. Il est membre d’un des guichets de l’U-IMCEC. Il sollicite un crédit de 300000FCFA. Le montant emprunté servira à réfectionner sa pirogue (peinture et charpente).Son ambition est de mieux rentabiliser son activité dans le secteur de la pêche de sorte a augmenter considérablement et progressivement ses revenus ce qui lui permettra d’acquérir dans le futur d’autres pirogues et matériaux de pêche.

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
  • 52
    View loans »
    Senegal Loans Fundraising
  • $13,028,825
    Funds lent in using Kiva
  • 529.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Momar to refurbish his boat.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013