Serigne Moustapha is a young single student who lives in Senegal. Along with his studies, he has been running his business selling ready-to-wear clothing for the past three years. It would take Serigne Moustapha little additional work to expand his business once he has an increase in his working capital. He is a member in one of the branches of UIMCEC, where he has already successfully repaid his two prior loans. Serigne Moustapha is currently requesting a loan of 100,000 XOF, with which he plans to purchase a supply of ready-to-wear clothing for resale.
Monsieur Serigne Moustapha est un jeune étudiant célibataire qui vit au Sénégal et pratique parallèlement à ses études le commerce de prêts a porter depuis 3 ans. Il n’a aucune charge mais veut développer son activité de commerce afin d’augmenter son fond de roulement. Il est sociétaire dans l’un des guichets de l’UIMCEC ou il a déjà remboursé 2 prêts antérieurs. Il sollicite un crédit de 100 000 frs prévu pour s’approvisionner en prêts a porter destinés à la vente.
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.