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Souleymane
Souleymane is a young and very ambitious furniture maker with more than ten years of experience. He's married and the father of one child, who was born less than one year ago.

He just renewed his loan for the same amount. In his workshop located in his neighborhood, he currently has four apprentices who help him with his work. His clientele extends outside of his region, since he regularly gets orders from other parts of the country.

After renewing some tools and small materials with the previous loan, he intends to use the new one to buy a donkey and a cart for XOF 45'000 and XOF 97'000, respectively. This will make getting wood supplies and delivering orders easier. The remainder will be used to buy trunks to be sawed and used to make furniture in order to fulfill his commitments.

With his profits, he still has the ambition to make his business more professional, while supporting his mother in handling the family's needs.
View original language description ↓
Souleymane est un jeune menuisier très ambitieux, ayant à son actif plus d’une dizaine années d’expérience. Il est marié et père d’un garçon de moins d’un an. Il vient de renouveler son crédit. Il a actuellement quatre apprentis qui l’aident dans ses tâches. Sa clientèle est au-delà de sa région car bénéficiant régulièrement de commandes en provenance des autres régions. Après avoir renouveler certains outils et petits matériels avec le crédit précédent, Il compte avec son nouveau crédit acheter un âne et une charrette respectivement 45 000 FCFA et 97 000 FCFA (qui lui facilitera l’approvisionnement en bois et la livraison des commandes) et le reste lui servira d’achat de tronc pour sciage et fabrication de meubles en vu de respecter ses engagements.
Avec les retombées, il garde toujours son ambition de rendre l’activité plus professionnelle tout en apportant soutien à sa mère dans la gestion des besoins de la famille.

Additional Information

About CAURIE Micro Finance

The mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.

About Senegal

  • $2,300
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Souleymane to buy a donkey and a cart.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2013
Listed
Jan 24, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014