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Modou
Monsieur Modou, who is a client of one of UIMCEC's rural offices, has been a farmer for over twelve years. He is a married father. He is a regular, as this is his fifth loan. Modou is young and works hard to feed his family. He has a field where he grows produce. He is requesting a loan in order to be able to buy piping, fuel oil, manure, and fertilizer. Thanks to the loans, he will now be able to put money aside and improve his family's nutrition. Because he always has to go looking for products elsewhere, Modou wants to open a seed and farm supply store.
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Monsieur Modou, qui est un sociétaire d’un des guichets ruraux de l'IMCEC, est un agriculteur depuis plus de 12 ans. Il est marié et père de famille. C’est un habitué du guichet car il est à son 5èmes crédit. Modou est jeune et s’active afin de pouvoir nourrir sa famille. Il exploite un champ ou il fait de la culture maraichère. Il vient solliciter un crédit afin de pouvoir acheter des tuyaux, du gasoil, de l’engrais et du fumier. Grace aux bénéfices, il peut désormais mettre de l’argent de coté et améliorer les conditions alimentaires de la famille. Etant toujours obligé d’aller chercher les produits ailleurs, Modou veut ouvrir une boutique de vente de semences et de produits d’entretien pour les champs.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 506.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Modou to buy fuel oil, manure, and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013