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Yoro
Mr. Yoro D., 35, is a young tailor who lives in Nimzatt in the Guediawaye area. He is responsible for a family, married, the father of two children. He is also responsible for two other relatives who are his wards.

Since he did not succeed in his studies, he took up an apprenticeship as a tailor which is an activity he chose because he loves it. Thus, since 1994, he has been working full time at this trade, and four years ago he got his own workshop. He makes ready-to-wear and "boubous" (long flowing traditional robes worn by men and women) which are much in demand among Nigerians.

Mr. D. has been a member of the Baye Laye branch since May 2010. He is requesting a loan of 500,000 francs which will be totally used to fund the creation of ready-to-wear. This loan will bolster the working capital of Mr. D., who will then be able to meet the ever-growing demand of his clientele. The increase in profit will allow him to better support his family.
View original language description ↓
Monsieur Yoro D. est un jeune tailleur de 35 ans qui habite à Nimzatt dans la localité de Guediawaye. C’est un chef de famille, marié et père de 2 enfants. Il a aussi en charge deux autres parents sous sa tutelle.
N’ayant pas réussi dans les études, il s’est orienté vers l’apprentissage du métier de tailleur qui est une activité qu’il a choisi par amour. Ainsi depuis 1994 il a commencé à exercer pleinement son métier et c’est depuis 4 ans qu’il a acquit son propre atelier. Il fait du prêt à porter et confectionne des boubous qui sont très sollicités par les nigérians. Monsieur D. est sociétaire à la caisse de Baye Laye depuis le mois de mai 2010. Il sollicite un crédit de 500 000 frs qui sera destiné dans son intégralité à la confection de prêts a porter. Ce financement pourra contribuer au renforcement du fond de monsieur D. ce qui lui permettra de répondre à la demande croissante de sa clientèle. L’augmentation de ses bénéfices lui permettra de mieux subvenir à ses besoins de chef de famille.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 514.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Yoro making ready-to-wear clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Aug 30, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012