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Seyni
Seyni is a resident of Senegal. She leads a married life and runs two businesses at once. She actually sells products as a side-business to her job as a seamstress, which she has been doing for over 30 years. She is a member of one of the UIMCEC branches which has previously granted her 6 loans. She is requesting another loan of 300 000 francs, so that she can strengthen her business. She would like to buy beauty products and a sewing machine for her sewing workshop with this loan; this will allow her to satisfy her customer demand and to obtain more funds which she will use to further diversify the designs that she makes. As her revenues improve, she will be able to save more money which she will use to buy new, better-performing machines so that she can increase her production capacity. She would like to become a well-known seamstress.
Madame Seny est une résidente du Sénégal. Elle mène une vie conjugale et elle exerce deux activités à la fois. En effet, elle fait du commerce à côté de son métier de couturier qu’elle exerce depuis plus de 30 ans. Elle est adhérente à l’un des guichets de l’U-IMCEC qui l’a accordé 06 crédits auparavant. De nouveau, elle sollicite un prêt de 300.000 francs CFA pour renforcer ses activités. Avec ce financement, elle veut acheter des produits cosmétiques et une machine à coudre pour son atelier de couture. Car cela lui permettra de satisfaire la demande de sa clientèle et d’obtenir plus de ressource financière qu’elle utilisera pour diversifier davantage ses modèles confectionnés. Ainsi, avec l’amélioration de ses revenus, elle pourra épargner plus d’argent qu’elle emploiera pour acquérir d’autres machines plus performantes pour augmenter sa productivité. Elle aimerait devenir une couturière 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

  • $1,759
    Average annual income
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 509.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Seyni to buy a new sewing machine with which to make clothing for resale, and beauty products for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013