Check out some available loans that are similar to this one!
Momath
Momath is a married man living in a region of Sénégal. He is a tailor by profession and has been for over forty years. His working day begins at 7 o'clock in the morning and finishes at 8 o'clock in the evening. The income generated from his business allows him to feed his family and to pay his bills.
He is a member of his local UIMCEC outlet, and is requesting a loan for 350,000 frs - destined for the renovation of his sewing workshop, and also to strengthen his sewing business.
His future plans are to extend his workshop and expand his business.
View original language description ↓
Monsieur Momath est un homme marié vivant dans une des localités sénégalaises. Il est tailleur de profession depuis plus de 40 ans. Sa journée de travail démarre chaque jour à 7 heures du matin et se termine à 20 heures le soir. Les revenus que lui procure son activité lui permettent de prendre en charge les dépenses de nourriture de sa famille ainsi que le paiement des factures. Il est membre du guichet de l’UIMCEC de sa zone d’Habitation et sollicite un crédit de 350 000 frs prévu d’une part pour la réfection de son atelier de couture et d’autre part pour le renforcement de son activité de couture. Son projet futur consiste à augmenter son atelier et développer son activité.

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 509.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $700 helped Momath to renovate his workshop and strengthen his business.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 22, 2015