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Maguatte
Maguatte is a married man, father to 5 children. He has been selling fabric for more than 20 years at the central market of his locale. With the help of his oldest son, he takes care of his family with the income generated by his business. He is requesting a loan of 350,000f to buy fabric in order to strengthen his business.
View original language description ↓
Maguatte est un homme marié, père de 5 enfants. Il vend des tissus depuis plus de 20 ans au marché central de sa localité.Avec l'aide de son fils ainé, il entretien sa famille avec les revenus tirés de son commerce. Il sollicite un pret de 350 000f pour acheter des tissus afin de renforcer son fonds de commerce.

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Maguatte to buy fabric.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 28, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013