He is married and a father, and thanks to his business he can cope with the daily outgoings and other household expenses. He has a lot of projects which need consistent funding and he is counting on a financial partner who can help him. Mamadou wants to extend his audiovisual network and set up a community radio in this town.
Il est marié et père de famille et grâce à son activité, il gère la dépense quotidienne et les autres charges de la maison.
Mamadou nourrit de grands projets qui nécessitent un financement consistant, il compte sur un partenaire financier qui pourra l’appuyer. Mamadou veut étendre son réseau audiovisuel et monter une radio communautaire dans cette localité.
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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