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Cheikh
Cheikh has been active in agriculture for over ten years now. He lives in a small village about 30 km from the main city. Cheikh is a regular at the local branch, as he is on his fourth loan with IMCEC. He has been growing produce for sale, and is in need of a loan renewal in order to buy seeds and cultivate his field.

With the income from his business, Cheikh will be able to take care of the daily expenses of his family and improve their nutrition. He will also put some money aside in case of unexpected expenses. His dream is to build a house for his family to make them comfortable. As a future project he wants to pursue other farming ventures to maximize his income.
View original language description ↓
Monsieur Cheikh s’active dans l’agriculture depuis plus de 10 ans maintenant. Il loge dans un petit village situé à environ 30km de la ville principale. Cheikh est un habitué du guichet, car il en est à son quatrième crédit à l’IMCEC. Il fait du maraichage et a besoin d’un renouvellement de prêt afin de pouvoir acheter des semences et de cultiver son champ.
Avec les revenus de son activité, Cheikh peut s’occuper de la dépense quotidienne de sa famille, améliorer leurs conditions alimentaires et mettre désormais un peu d’argent de coté pour prévoir les imprévus. Il rêve de construire une maison pour mettre à l’aise sa famille.
Comme projet futur il veut exploiter d’autres périmètres culturaux pour maximiser son profit.

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 492.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Cheikh to purchase seeds so that he can cultivate his field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014