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Oumar Hamady
Oumar Hamady, a 51-year-old man, is a large livestock breeder who has been in this line of work for 3 years. He is married and the father of 11 children, the eldest of whom is 18 years old and the youngest, a 1-month-old baby. His business consists of buying oxen which he fattens during 8 or 9 months and then resells. With this loan, he will be able to increase the amount of livestock in his pen. Oumar Hamady manages his daily expenditures and makes sure that his children get an education. One day, he would like to start an orchard and engage in market gardening.
Monsieur Oumar Hamady un homme de 51 ans est un grand éleveur qui exerce le métier depuis 3 ans. Il est marié et père de 11 enfants dont l’ainé a 18 ans et le cadet, un bébé de 1 mois.
Son activité consiste à acheter du bétail, à l’engraisser pendant 8 à 9mois, et à le revendre après. Avec le crédit, il peut désormais augmenter le nombre de bêtes dans son enclos.
Monsieur Oumar Hamady gère sa dépense quotidienne et veille à l’éducation de ses enfants. Il désirerait ouvrir un jour, un verger pour y faire des cultures maraichères.

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
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 506.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Oumar Hamady to buy oxen for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 4, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014