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Solace
Mr. Solace is a 50-year-old man who is married and a father. He lives 25 km from the branch office and is on his first loan. Solace is a farmer by trade. He is requesting this loan in the amount of 250,000 francs to purchase melon and peanut seeds to grow during the rainy season. He goes to the fields at 9 AM and doesn't come back to the house until 5 PM. Solace manages his family's day-to-day expenses. For the future, he would like to become a potential supplier of fruit & vegetables at the local market.
View original language description ↓
Monsieur Solace est homme âgé de 50 ans, il est marié et père de famille. Il habite à 25 km du Guichet et il est à son 1er prêt. Solace est cultivateur de profession. Il sollicite ce crédit d’un montant de 250.000 pour acheter des semences de pastèque, melon et arachide pour les cultiver pendant la saison des pluies. Il va aux champs à 9h pour ne revenir à la maison que 17h. Solace gère les charges des dépenses quotidiennes de sa famille. A l’avenir, il souhaite devenir le fournisseur potentiel de fruits et légumes sur le marché local.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 499.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Solace to purchase watermelon and peanut seeds to grow and then sell the produce.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014