Check out some available loans that are similar to this one!
Cheikh Ibrahima
Mr. Cheikh Ibrahima is a single man living in Senegal. For over six years, he has been working as a tailor. He practices this trade all day, working until 7 PM. He is a member of one of the U-IMCEC branches and has already repaid a prior loan. He is requesting a loan of 200,000 West African francs destined for the purchase of fabric for resale to his clients. He would like to continue developing his business, to expand the number of his employees to two, and to start growing his savings for future projects. In the future he would like to expand his shop and become a well-known tailor.
View original language description ↓
Monsieur Cheikh Ibrahima est un homme célibataire qui vit au Sénégal et s’active depuis plus de 6 ans dans le domaine de la couture. Il consacre toute la journée à son activité, jusqu'à 19 heures le soir. Il est membre d’un des guichets de l’U-IMCEC et a déjà remboursé un prêt antérieur. Il sollicite un crédit de 200 000 frs prévu l’achat de tissus qu’il va revendre a sa clientèle. Il souhaite développer d’avantage son activité, élargir le nombre de ses employés a 2 et constituer une épargne qui lui sera utile pour réaliser des projets futurs. Son projet futur est d’agrandir son atelier et devenir n grand couturier de renommé.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 525.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Cheikh Ibrahima to buy fabric for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2013