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Modou
Mr Modou is a man who lives 15km from the office of his field partner. He is a 39-year-old, married, father and has 10 years experience in the buying and selling of livestock. Modou needs this loan of 500,000 francs CFA to be able to buy sheep and cattle and then resell them. He starts his day at 6am and finishes at 7pm.

In the future, he would like to open his own farm in the local area, with the help of further loans. Modou is responsible for the day-to-day expenses of his family.
View original language description ↓
Monsieur Modou est un homme qui habite à 15km de la commune ou se situe le guichet. Il est marié et père de famille, âgé de 39ans il évolue dans la commercialisation de bétails et il a une expérience de plus de 10ans dans cette activité. Il a besoin de ce crédit d’un montant de 500. 000F pour pouvoir acheter des moutons et bœufs et ensuite les revendre. Il commence sa journée à 6h du matin pour la terminer à 19h. A l’avenir il souhaite ouvrir une ferme dans sa localité avec l’aide des prêteurs. Modou est chargé de gérer les dépenses quotidiennes de sa famille.

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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 485.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Modou to buy sheep and cattle for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014