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Habib
This borrower is a young single man without any children, who works as a tailor. He stopped studying five years ago and took up this trade with his brother who trained him. He then opened his own sewing workshop and bought his first machine with a loan from UIMCEC. His workshop is situated at the heart of the market giving him a large customer base; this ensures that he has a reasonably significant income. He thus bears a large proportion of his family's running expenses as well as providing for his own needs. He is now requesting a loan of 400,000 francs to buy a "Cornière" sewing machine so that he can improve his service quality. His ambition is to open a second workshop.
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L'emprunteur est un jeune célibataire sans enfant qui exerce comme tailleur.Il a arrété ses études il y'a cinq ans et s'est engagé dans ce métier auprès de son frére qui l'a formé.Il a ensuite ouvert son atelier de couture et a acheté sa première machine sur un pret de l'UIMCEC.La position de son atelier situé au coeur du marché lui donne une grande clientèle; ce qui lui assure des revenus assez importants.Il supporte ainsi une grande partie des dépenses d'entretien de sa famille ainsi que ses propres besoins.Actuellement, il sollicite un pret de 400000f pour acheter une machine à coudre "cornière" afin d'améliorer la qualité de ses services.Son ambition est d'ouvrir un second atelier de couture.

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

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 471.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD