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Gane
Gane has been farming livestock, more particularly fattening cattle, for over 10 years. He lives in a village located a few kilometers from the main town. Gane leads his livestock to graze in the countryside very early in the morning. At around 6 o'clock in the evening, he brings them back to their enclosure to give them cattle feed.

Gane would like to increase his number of livestock and is requesting a 300 000 franc loan so that he can buy one or two calves and some cattle feed with which to supplement their grassy diet. Gane aims to become a big livestock farmer in his village.
Gane s’active dans l’élevage, plus particulièrement dans l’embouche bovine depuis plus de 10 ans. Il habite dans un village situé à quelques kilomètres de la ville principale. Le matin, de très bonne heure, Gane, emmène ses bêtes paitre dans la nature. Vers 18h, il les ramène à l’enclos pour leur donner de l’aliment bétail.
Gane veut augmenter le nombre de ses bêtes et vient solliciter un crédit de 300 000F avec lequel, il pourra aussi bien acheter un à deux vœux et de l’aliment bétail en supplément à l’herbe.
Gane a comme ambition de devenir un grand éleveur dans le village qu’il habite.

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.

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About Senegal

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 483.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Gane to buy cattle to raise and resell and cattle feed.
89% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 20, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2015