Mr. Abdou B. is a young married tailor who is 32 years old. He has a wife and children and lives in the Grand Thiès district. He has had his own workshop for six years. His work involves working by special order, and he has foreign customers (France and U.S.A.). With this loan, he wants to buy fabrics for making clothing to sell. He then hopes to earn a profit of 90,250 francs CFA, which he will be able to use to make loan interest payments and to invest the rest in his business.
Monsieur Abdou B. est un jeune tailleur marié qui est âgé de 32 ans et a deux femmes et des enfants. Il habite au quartier Grand Thiès et a son propre atelier de tailleur depuis 6 ans. Son activité consiste à travailler sur commande et a des clients à l’extérieur (France et USA). Avec ce prêt il veut acheter des tissus qu’il confectionne pour les revendre. Après la vente il espère d’avoir un bénéfice de 90,250 CFA ($180) avec lequel il pourra rembourser les intérêts de son prêt et le reste il va l’investir dans son activité.
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.