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Mbaye Mbacke
Mr. Mbaye Mbacke Gringue, aged 30, is a young tailor who lives in the town of Dara Salam in Dalifort.  He is a father of a 2-year-old child and has been an associate of the branch office for four years.  His choice of business is explained by the fact that he inherited it from his father, who was a great tailor and well-known. 

Mr. Gringue is requesting a loan of 500,000 francs for buy a sewing machine in order to improve his productivity.  Consequently, his financing will enable him to cope with the burgeoning demand from his customers. 
View original language description ↓
Monsieur Mbaye Mbacke Gringue est un jeune tailleur de 30 ans qui habite dans la localité de Dara Salam à Dalifort. Il est père d’un enfant de 2 ans et est sociétaire de la caisse depuis 4 ans. Le choix de son activité se justifie par le fait qu’il l’a hérité de son père qui était un grand tailleur très connu. Il sollicite un crédit de 500 000 frs prévu pour l’achat d’une machine à coudre afin d’améliorer sa productivité. Par conséquent son financement pourra lui permettre de faire face à la demande de plus en plus croissante de sa clientèle.

Additional Information

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.

About Senegal

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 530.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mbaye Mbacke investment.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jun 27, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 21, 2011