Matar lives in Sénégal. He has been employed for more than five years as a watchman in a local hotel. He is a member of one of the branches of the UIMCEC to which he has already reimbursed 4 previous loans. He is married and father to 5 children aged from 2 to 12 years old. He is requesting a loan of 150,000 frs to repair the terrace of his home. His goal is to renovate his home in order to improve the living conditions of his family. In addition he wishes to have a guarding agency in the future.
Monsieur Matar habite au Sénégal. Il est employé depuis plus de cinq ans comme vigile dans un hôtel de la place. Il est membre d’un des guichets de l’UIMCEC ou il a déjà remboursé 4 crédits antérieurs. Il est marié et père de 5 enfants âgés entre 2 et 12 ans. Il sollicite un crédit de 150 000 frs prévu pour la réfection de la terrasse de sa maison. Son objectif est de rénover sa maison afin d’améliorer le cadre de vie de sa famille. En plus il souhaite disposer d’une agence de gardiennage dans le futur.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.