Funded

Total loan: $425
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Babacar

Senegal
Senegal / Livestock

A loan of $425 helped to buy cattle for fattening up for resale.


Babacar's story

Babacar is in his fifties and has worked raising cattle for more than ten years. He is married and has six children, three of whom currently attend school. Babacar has never before had a loan from the field partner,UIMCEC. He has requested this loan for 200,000 francs CFA in order to buy two cows for fattening up for resale.

Babacar knows many of the traders who attend the weekly markets, so his animals are usually sold in advance, meaning that he has no problems disposing of them. His only problem is to find enough money to allow him to increase the number of animals that he has. Babacar takes care of his animals himself, taking them to pasture from eight in the morning until six in the evening.

With the money that he earns, Babacar pays for his children's studies and improves the standard of food available for his family, including his mother, for whom he is financially responsible.

If he had the resources, Babacar would like to expand his herd and have many more cattle, this would maximise his earnings.

Translator profile picture

Translated from French by Kiva volunteer Sarah Ryder



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: February 17, 2014
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International

Lenders and lending teams




Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: February 17, 2014
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International