With the profits he makes from his activity, Ndiaga can put aside money and take care of his family. If he had the means he would get at least two cars, so that he could drive one himself, and give the other to his cousin; he would then collect the income by paying him on a monthly basis.
Avec les bénéfices de son activité, Ndiaga peut mettre de l’argent de coté et s’occuper de sa famille. S’il avait les moyens, il chercherait au moins deux véhicules, l’un qu’il conduirait lui-même, l’autre qu’il donnerait à un de ses cousins et récolterait les recettes, en le rémunérant mensuellement.
More information about this loan
To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at lower interest rates.
About UIMCECThis 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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
31View loans »