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Aliou
Mr Aliou is a young man of 27 years, who married recently and has no children yet. He has worked in agriculture for three years. Aliou has been saving money for some time and would now like to realise a personal project. This is why he has approached the field partner, UIMCEC, for a loan to buy a piece of land. This land will be a medium- to long-term investment project which he intends to sell at some time in the future.

Aliou is responsible for the day-to-day expenses of his family, which he achieves with the earnings from his agricultural work. He would like to see his capital increase so that he can diversify and improve his business in the future.
View original language description ↓
Monsieur Aliou est un jeune de 27 ans, marie récemment et qui n’a pas encore d’enfants. Il évolue dans le domaine de l’agriculture et cela il y a tout juste trois ans. Aliou mettait de l’argent de cote et voila qu’il sent le besoin maintenant, de réaliser quelque chose, c’est pourquoi, il s’est rapproche de l’IMCEC afin de pouvoir bénéficier d’un financement pour compléter et acquérir un terrain. Ce terrain, il le prend comme un investissement a long ou moyen terme, car il pourra le revendre d’ici quelques temps. Aliou s’occupe de la dépense quotidienne de sa famille grâce aux revenus de son activité agricole.
Il aimerait bien voir son capital augmenter afin de pouvoir diversifier et agrandir son activité.




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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aliou to buy a piece of land which will be resold at some time in the future.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 25, 2014