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Amadou Racine
Amadou Racine is a young single man who has been working in agriculture for almost ten years. He is, specifically, a market gardener. Amadou Racine is a very ambitious young man who is also very respectful of his family obligations; he took responsibility early on by regularly contributing to the household expenses. He has always worked within his own means, however on this one occasion he is seeking to borrow an amount of 150,000 CFA from IMCEC in order to buy agricultural inputs and seeds. The loan will have a positive impact on his work, as it will allow him to diversify his product offering, to improve his family's nutrition, and also to put some money aside. In the future he wants to become a major trader.
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Monsieur Amadou Racine est un jeune célibataire qui est dans le secteur de l’agriculture depuis près de 10 ans. Il fait plus précisément du maraichage. Amadou Racine est un jeune très ambitieux qui est aussi très respectueux des principes familiaux car il s’est très vite responsabilisé en participant régulièrement aux dépenses de la maison. Il a toujours travaillé avec ses propres moyens c’est seulement pour cette fois ci qu’il désire emprunter une somme de 150000F CFA à l’IMCEC pour l’achat d’intrants et de semences. Le crédit aura un impact positif sur son travail puisqu’il lui permettra de diversifier les produits et services, d’améliorer les conditions alimentaires de la famille et de mettre un peu d’argent de coté. Dans l’avenir il désire devenir un grand commerçant.

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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,875
    Funds lent in using Kiva
  • 496.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Amadou Racine to purchase agricultural inputs and seeds to farm his field.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013