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El Hadji Mouhamadou
Mr. El Hadji Mouhamadou lives in Senegal. He is a tailor who began work in his field at the age of 12. He is married and is the head of his household, providing for the needs of his family, electric bills, and transportation, as well as the salary for his employees. He is a member of a UIMCEC group, where he has repaid his two previous loans.

Currently, he is asking for a loan of 250,000 francs (CFA) for the purpose of buying fabric which he will sew for subsequent resale. This will enable him to increase his profits and build his savings so that he will be able to purchase more modern and higher-performance sewing machines in the future.

Eventually, he would like to further expand his sewing business to various locations in the region (Mali, Benin…) through exposition of his work.
View original language description ↓
Monsieur El Hadji Mouhamadou vit au Sénégal. Il est couturier et a commencé ce métier très tôt, à bas âge, plus précisément à l’âge de 12 ans. Il est marié, père de famille et supporte les charges de nourriture de sa famille, de factures d’électricité, de transport et de salaire pour son employé. Il est sociétaire à l’un des guichets de l’U-IMCEC ou il a remboursé deux crédits antérieurs. De Nouveau, il sollicite un crédit d’un montant de 250.000 francs CFA prévu pour acheter des tissus a confectionner et qui seront destinés a la vente. Ce financement pourra lui permettre par conséquent d’augmenter les bénéfices que lui génère son activité et aussi d’accroitre ses économies afin de pouvoir acquérir dans le futur d’autres machines a coudre plus modernes et plus performantes. Dans le futur, il souhaiterait élargir davantage son activité de couturier un peu partout dans la sous-région (mali, Benin…) a travers l’exposition de ses modèles.

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
  • 18
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped El Hadji Mouhamadou to purchase fabrics for sewing and subsequent resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014