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Diène
Our borrower is named Diène. He is married and has children. He just took out another loan to buy a bull for fattening. He lives in a small village about 40 km [25 miles] from the main city. He has been doing this type of work for over 10 years. He is now on his third loan and always pays back his loans properly. This work allows him to support himself and his family. Thanks to the loan he know has a savings policy and is able to improve the nutrition of his household numbers. Some time in the future, he would like to have a large herd.
View original language description ↓
Notre emprunteur s’appelle Diène, il est marié et père de famille. Il vient faire un renouvellement de crédit pour acheter un bœuf et le nourrir. Il loge dans un petit village situé à environ 40km de la ville principale. Il exerce le métier depuis pus de 10 ans maintenant. Il est à son troisième crédit et s’est toujours acquitté convenablement de ses dettes. C’est de son activité, qu’il vit et fait vivre sa famille. Grâce au crédit il a maintenant la politique de l’épargne et peut améliorer les conditions alimentaires de son foyer.
Son projet futur est d’avoir un jour un grand troupeau.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Diène to buy cattle for fattening and resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 30, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014