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Omar
Omar has two wives and is the father of eight children, the eldest of whom is 22 and the youngest seven months.

Omar raises livestock and has more than ten years’ experience in this area. He fattens cattle and has also prepared an area in his house for business purposes. He is requesting this first loan of 400 000 CFA francs to buy two head of cattle and cattle feed.

Omar provides for his family’s daily expenses. His eldest son helps him in the fields.

To maximise his profit, Omar needs to diversify his activities. In order to do this, he would like to open a general food store - this is his greatest wish.
View original language description ↓

Monsieur Omar, marié à deux femmes est père de huit enfants dont l’ainé est âgé de 22 ans et le cadet 7 mois. Omar s’active dans l’élevage où il a acquis une expérience de plus de 10 ans. Il fait de l’embouche bovine et a aménagé un espace dans sa maison. Il vient pour la première fois solliciter un crédit de 400.000 FCFA pour acheter deux bœufs et de l’aliment bétail.
Omar s’occupe de la dépense quotidienne de sa famille. Dans les champs, il est aidé par son fils ainé.
Pour maximiser son profit, Omar a besoin de diversifier ses activités, pour cela il aimerait ouvrir une boutique d’alimentation générale c’est cela son vœu le plus cher.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 488.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Omar to buy two head of cattle and cattle feed to fatten them, in order to resell them.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 18, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014