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Barra
Barra is married and the father of four children. He has been a tailor for 10 years. He started his business with just one sewing machine which he bought on credit. But today he has four machines and employs three young people from his neighborhood. His business has been profitable especially on nights before special holidays. He is able to take care of his family with the profits from his business. To improve the quality of his services, he is requesting a loan of 500,000 cfa francs to purchase a specialty embroidery sewing machine. His goal is to open another workshop.
View original language description ↓
Barra est un homme marié et père de trois enfants.Il exerce le métier de tailleur depuis plus de dix ans.Il a démarré avec une seule machine qu'il avait pris à crédit. Mais aujourd'hui, il travaille avec quatre machines et emploie trois jeunes de son quartier.Son activité est assez rentable surtout à la veille des différentes fêtes de l'année.Il entretient ainsi sa famille avec les revenus tirés de son activité.Afin d'améliorer la qualité de ses services, il sollicite un pret de 500000f pour acheter une machine "cornière".Son ambition est d'ouvrir un autre 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

  • $1,759
    Average annual income
  • 11
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Barra to purchase a specialty embroidery sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2012
Listed
Apr 23, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 20, 2013