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Babacar is in his fifties and has worked raising cattle for more than ten years. He is married and has six children, three of whom currently attend school. Babacar has never before had a loan from the field partner,UIMCEC. He has requested this loan for 200,000 francs CFA in order to buy two cows for fattening up for resale.

Babacar knows many of the traders who attend the weekly markets, so his animals are usually sold in advance, meaning that he has no problems disposing of them. His only problem is to find enough money to allow him to increase the number of animals that he has. Babacar takes care of his animals himself, taking them to pasture from eight in the morning until six in the evening.

With the money that he earns, Babacar pays for his children's studies and improves the standard of food available for his family, including his mother, for whom he is financially responsible.

If he had the resources, Babacar would like to expand his herd and have many more cattle, this would maximise his earnings.
View original language description ↓
Monsieur Babacar âgé de la cinquantaine, s’active dans le domaine de l’élevage, plus particulièrement l’embouche bovine, activité qu’il fait depuis plus de 10 ans. Il est marié et père de 6 enfants dont les 3 sont scolarisés. Babacar n’a jamais bénéficié de crédit à l’IMCEC et sollicite un montant de deux cents mille francs afin de pouvoir acheter 2 bœufs, les emboucher au but de les revendre. Babacar connait pratiquement beaucoup des commerçants qui sont dans les marchés hebdomadaires, ce qui fait que ses bêtes sont déjà achetées avant d’être à terme, il n’a donc pas un problème d’écoulement. Son seul souci est de trouver assez d’argent pour augmenter la quantité des bœufs. Il s’occupe des animaux lui-même et les amène paitre de 8h jusqu’à 18h de l’après-midi.
Il paie les études de ses enfants avec les bénéfices acquises, améliore les conditions alimentaires de sa famille y compris sa mère qui est aussi à sa charge.
S’il a les moyens, Babacar aimerait avoir beaucoup d’autres bœufs, agrandir son troupeau, pour pouvoir maximiser son profit.

Additional Information

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.


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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 472.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Babacar to buy cattle for fattening up for resale.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Feb 17, 2014
Mar 11, 2014
Currency Exchange Loss:
Dec 21, 2014