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Thierno
This borrower is a young married man employed in a shop selling ready-to-wear clothing. He also sews and has set up a sewing machine in the shop, which also serves as a showroom. These activities enable him to take care of his family and to save money for realizing his ambition, which is to set up his own business and to have an equipped tailor's shop. He is therefore requesting a loan of 300,00 francs to buy a cornière sewing machine allowing him to diversify his products.
View original language description ↓
L'emprunteur est un jeune marié, employé dans une boutique de vente de vêtements prêt- à - porter.Il pratique aussi la couture et a installé une machine à coudre dans la boutique qui lui sert en même temps de salle d'exposition.Ces activités lui permettent de s'occuper de sa famille et d'épargner afin de réaliser son ambition qui est de s'installer à son propre compte et de disposer un atelier de couture équipé.Il sollicite ainsi un prêt de 300000F pour acheter une machine cornière qui lui permettra de diversifier ses produits.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 457.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Thierno to buy a sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Jul 29, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012