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Oumar
Mr. Oumar, 39 years old, is married, and he has eleven children, of whom the oldest is 12 years old, and the baby is 4 months old. Mr. Oumar has over five years of experience in raising livestock. He is requesting a loan of 400,000 francs CFA to purchase some livestock to raise and then resell. He started with one steer, and currently he would like to increase his herd to maximize his profit. Given the size his business has gotten, he is working on a project to start a farm for various kinds of livestock.
View original language description ↓
Monsieur Oumar, âgé de 39 ans, est marié et a 11 enfants dont l’ainé a 12 ans et un bébé de 4 mois. Il a une expérience de plus de cinq ans dans l’embouche. Il sollicite un crédit de 400000F CFA afin d’acheter du bétail, élever puis revendre. Il a démarré avec une un bœuf, et actuellement il désire augmenter les têtes pour maximiser son profit. Vu l’ampleur qu’a pris son activité, monsieur Omar cultive un projet d’ouvrir une ferme d’élevage pour varier les espèces.

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
  • $13,284,725
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Oumar to purchase livestock to fatten and resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013