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Salif
Mr. Salif, an associate of the U-IMCEC branch located at the crossroads of two important cities, has been working at raising livestock from an early age with his father's herd, which he used to take to pasture. Grown up now, he has continued in this work. He fattens cattle as well as sheep. He is busy all day long.

Mr. Salif is here for a second time to request a loan for 200,000 francs CFA to purchase two head of cattle, which he is going to raise and resell. With the profits earned, he manages his family's day-to-day expenses. For the future, he would like to increase his herds and build his own house, so that his family is comfortable.
View original language description ↓
Monsieur Salif, sociétaire de l’UIMCEC située au croisement de2 villes importantes, évolue dans l’embouche depuis le jeune âge, avec le troupeau de son père qu’il allait faire paitre. Ayant grandi, il a continué sur cette activité. Il fait aussi bien l’embouche bovine que l’embouche ovine. Il est actif toute la journée durant.
Il vient solliciter pour la seconde fois un crédit de 200000F CFA pour l’achat de 2 bœufs, qu’il va élever pour revendre. Avec les bénéfices réalisés, il gère la dépense quotidienne de sa famille.
Comme projet futurs, il aimerait augmenter son cheptel et construire sa propre maison pour que sa famille ait le confort.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 510.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Salif to purchase cattle to raise and resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014