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Malang
Malang is married and the father of 2 boys aged 4 and 2. He has been working as a mechanic since 1998. He has opened a workshop in his home. He is, for the first time, requesting a loan of 150 000 francs in order to buy spare parts for resale. It would be much more economical for him to be able to do his job whilst having the materials he needs on site.

He provides for his family's needs and pays the water and electricity bills. In time, he would like to buy some vehicles so that he can get into the transportation sector, while perfecting his work.
Monsieur, Malang marié et père de 2 garçons âgés de 4 ans et 2 ans est mécanicien. Il exerce le métier depuis 1998. Il a ouvert un atelier dans la maison. Il vient pour la 1ère fois solliciter un crédit de 150000F CFA pour acheter des pièces détachées et revendre. Il est beaucoup plus économique pour lui, de faire son travail tout en ayant le matériel avec lui et sur place. Il prend en charge les besoins de sa famille, le payement de l’électricité et de l’eau.
Il veut acquérir des véhicules pour faire du transport, tout en perfectionnant son travail dans le temps

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 503.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Malang to buy spare parts for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013