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Moustapha
Moustapha is a farmer. He owns several hectares of land which he cultivates with crops like groundnuts and millet. He uses the produce to feed his family. However, he also sells a part of the produce, which allows him to earn an income so that he can meet certain of his family's needs. He is requesting a loan of 500 000 francs with which to buy fertilizer and urea, so that he can strengthen his business.
Moustapha est un agriculteur.Il possède des hectares de terre qu'il exploite avec des spéculations comme l'arachide et le mil.Il utilise la production pour la consommation de la famille.Une partie de cette production est toutefois vendue et lui permet d'obtenir des revenus pour subvenir à certains besoins de cette meme famille.Afin de renforcer son activité , il sollicite un pret de 500000f pour acheter des engrais et de l'urée.

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
  • 31
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 525.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Moustapha to buy fertilizer and urea.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 11, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013