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Lamine
Lamine is 32 years old and lives very close to the branch. He is a single man who began sewing at a very early age and he has his own workshop which he rents for 20,000 francs a month. He is requesting a loan of 200,000 francs to buy fabrics that he will make up to sell afterwards. Thanks to this loan he will be able to generate more income and thus be able to save money and satisfy his own needs as well as those of his parents. One day he enviseages becoming the owner of a large sewing workshop, where he will be one of the best in his field.
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Mr Lamine âgé de 32 ans habite à deux pas de l’Agence, célibataire il s’est très tôt lancé dans la couture depuis tout jeune, il a son propre atelier qu’il a loué à 20 000 f par mois.IL sollicite un prêt de 200 000 f pour l’achat de tissus qu’il va confectionner pour ensuite les revendre. Grace à ce prêt il pourra générer plus de revenus et de ce fait il pourra épargner et satisfaire ses besoins et ceux de ses parents.IL envisage un jour d’être le propriétaire d’un grand atelier de couture où il sera parmi les meilleurs dans ce domaine.

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
  • $13,041,875
    Funds lent in using Kiva
  • 524.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Lamine to buy fabrics, sew them up for display and resell them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013