Ousmane is a member of a [UIMCEC] branch and lives just a few minutes from it. He has been a mason since 1984. He owns a hardware store, which he opened three years ago, and which is run by his wife.
Ousmane is married and a father of six children, of whom two are from a previous marriage. His children go to school. Some are in high school, the others are in primary school, and the eldest is in sewing classes.
Apart from school-related expenses, Ousmane also must provide for his family's everyday living expenses.
He is seeking a loan of 300,000 francs CFA to buy planks of wood that he will rent out. Thanks to this loan, he can diversify his products and services.
Ousmane wishes to see an increase in his capital so he can buy more planks [of wood], which he will also rent out to maximize his profits.
Monsieur Ousmane, est un sociétaire du guichet qui se trouve à la direction. Il loge à quelques minutes de marche en partant de la caisse. Il est maçon de profession depuis 1984 et possède une quincaillerie qu’il a ouverte il y a trois ans et qui est gérée par sa femme. Ousmane est marié et père de 6 enfants dont 2 d’un ancien mariage. Ses enfants vont les uns, au Lycée, les autres, au primaire et l’ainé suit des cours de couture. En dehors de ces charges, il s’occupe de la dépense quotidienne de la famille.
Ousmane sollicite un crédit de trois cent mille francs pour acheter des planches, du bois de coffrage qu’il va mettre en location. Grace au prêt, il peut désormais diversifier ses produits et services. Ousmane souhaite voir son capital augmenter afin de pouvoir acheter d’autres planches et les mettre toujours en location pour maximiser son profit.
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.