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Mandiaye
Monsieur Mandiaye is 61 years old and a retired civil servant. He began poultry farming in 2010. He is married and the father of six children between 16 and 33 years old. He started his poultry farm with 50 chicks. Little by little, he is improving his sales. Currently he can raise up to 150 birds, and this is why he is asking for a loan. At the same time, he will buy bird feed (starter, grower, and layer/broiler).

Monsieur Mandiaye is still very active. He wakes up at 5 am and stays mobile until 9:30 pm - at which time he feeds his birds for the last time before going to bed. Mandiaye had previously sold gas. He had a warehouse and an orchard. He would like to develop his business in order to maximize his profit.
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Monsieur Mandiaye, âgé de 61 ans est un fonctionnaire à la retraite qui s’est lancé en 2010 dans l’aviculture. Il est marié et père de 6 enfants dont l’ainé, un garçon est âgé de 33 ans et le benjamin, de 16 ans. Monsieur Mandiaye, a démarré l’élevage avec 50 poussins et petit à petit, a améliorer ses ventes. Actuellement, il élève jusqu’à hauteur de 150 sujets ; c’est d’ailleurs l’objet du crédit sollicité : en même temps, il va acheter les aliments volaille (démarrage, croissance, finition). Monsieur Mandiaye est encore très actif : il se lève à 5h du matin et reste mobile jusqu’à 21h 30mn, heure à laquelle il donne aux sujets, son dernier repas avant d’aller se coucher.
Mandiaye avait démarré auparavant la vente de gaz, il possédait un dépôt et avait un verger. Il aimerait développer ses activités afin de 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.

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
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 481.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Mandiaye raise and resell chicks.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2014
Listed
Jul 13, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014