With the money loaned, he will be able to purchase 150 chicks and the feed they will need to fatten.
Abdourahmane wants to grow his chicken-raising business, increase the number of his animals, and become a major provider of meat chicken for hotels, restaurants, and hospitals.
Avec l’argent octroyé, il pourra acheter 150 poussins et l’aliment qui pourra les nourrir jusqu’à ce qu’ils arrivent à terme.
Abdourahmane veut développer son élevage de volaille, augmenter le nombre de sujets et devenir un grand fournisseur de poulets de chair dans les hôtels, les restaurants et les hôpitaux.
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.
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