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Mamadou
Mamadou is a technician by profession and has been exercising this trade for more than 15 years. He has a studio where he centralises his activities which consist of installing television chalnnels and audiovisual activities in the area. It is incidentally in this context that he is requesting a loan to buy the necessary equipment and tools to carry out his jobs.

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.
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Monsieur Mamadou est un technicien de profession qui exerce depuis plus de 15 ans. Il possède un studio où il centralise ses activités qui consistent à installer des réseaux de chaines de télévision, des activités audiovisuelles dans la zone. C’est d’ailleurs dans ce cadre, qu’il sollicite ce crédit pour acheter le matériel nécessaire et les outils de travail permettant d’exécuter ses taches.
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.



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

  • $1,759
    Average annual income
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A loan of $1,250 helped Mamadou to buy audivisual equipment for installing networks and cabling for TV channels.
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2014
Listed
Jul 22, 2014
Currency Exchange Loss:
Possible
Expired:
Aug 21, 2014