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Maloune
Mr. Maloune is a baker by trade who is also a small-scale livestock farmer. He is married but does not live with his family, since he has left them in the village and is here to work in the city. With this loan, he wants to round out the funds he has in order to purchase a cow to raise and then resell. He has acquired ten years of experience in this domain.

His expenses include payments for a room he rents and the associated electricity bill. Each month, he sends money to his family back in the village. For his future plans, he would like to diversify his products and services, increase the number of animals to raise, and indeed go as far as owning his own ranch.
View original language description ↓
Monsieur Maloune est un boulanger de profession qui fait aussi de l’embouche à petite échelle .Il est marié mais ne vit pas avec sa famille car il les a laissé au village et est venu travaillé dans la ville.
Avec le crédit, il veut compléter la somme qu’il a pour acheter une vache l’élever puis la revendre. Il a acquis une expérience de 10 ans dans ce domaine. Il a comme charges le payement de la chambre qu’il loue et des frais d’électricité y afférents. Il envoie chaque fin du mois de l’argent à sa famille restée au village.
Comme projet futur il aimerait diversifier ses produits et services et augmenter le nombre de bêtes à élever voire allé jusqu'à avoir un ranch pour lui.

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
  • $12,847,925
    Funds lent in using Kiva
  • 509.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Maloune to purchase cattle to raise and then resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014