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Maodo
51-year-old Maodo lives in the south of Senegal. He is married and the father of six children. His eldest son is a builder and four of the others attend school. Maodo earns a living by sewing. He has been in this business for 25 years. He is requesting this loan for 250,000 CFA to buy fabric to sew and re-sell. He needs this loan to develop his sewing business and satisfy his customers. His goal is to own his own house in the town.
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Maodo habite au sud du Sénégal âge de 51 ans ,marié père de 6 enfants,l'ainé est maçon les 4 sont à l'école.Il gagne sa vie par le biais de l'activité de couture qu'il exerce depuis 25 ans.Il sollicite un crédit de 250 000 francs CFA prévu pour acheter des tissus pour coudre et revendre.C'est dans l'intention de développer son activité de couture qu'il a besoin de ces fonds et parvenir a satisfaire sa clientèle.Il a comme ambition avoir sa propre maison dans la commune.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 510.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Maodo to buy fabric.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014