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Alioune Sambou
Alioune Sambou is married and has built a career as a craftsman for 18 years. He is a cobbler. He is a member of U-IMCEC and is seeking a loan of 300,000 frs. He intends to increase his working capital with these funds, and intends to buy materials (cloth) which will allow him to make shoes to sell.
The income his business generates allows him to manage the daily expenses and to cover the rent. Given the success of his activity, he intends to find an employee who can work with him; this will allow him to increase his turnover and the level of his savings.
His future plan is to acquire a large cobblers shop in the heart of a large local market, which can hold 50 employees.
View original language description ↓
Monsieur Alioune Sambou est marié et évolue dans le secteur de l’artisanat depuis 18 ans. Il pratique l’activité de cordonnier. Il est sociétaire de l’U-IMCEC et sollicite un crédit de 300 000 frs. Il envisage d’augmenter son fond de roulement avec ce financement et prévoit d’acheter le matériel (tapis) qui lui permet de fabriquer les chaussures qu’il commercialise. En effet ce sont les revenus que lui procure son activité qui lui permettent de gérer la dépense quotidienne et de supporter les frais de location. Avec la réussite de son opération il compte trouver un employer qui puisse le seconder dans le travail de sorte qu’il pourra augmenter son chiffre d’affaire et renforcer le niveau de son épargne. Son projet dans le futur est d’acquérir un grand magasin de cordonnerie au sein d’un grand marché de la localité qui puisse prendre en charge 50 employés.

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
  • $13,110,150
    Funds lent in using Kiva
  • 523.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Alioune Sambou to purchase materials for making shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 4, 2013