Sombel is requesting a 700,000-XOF loan renewal, to purchase trimmings as well as a variety of fabric to make into ensembles for men and women. These will be exhibited and sold. He can work all day, and even part of the night, given the needs of his clientele at times.
Sombel is married and a father of five children. The older is sixteen years old and the youngest three. He provides for their alimentation and schooling, which is possible thanks to his tailoring revenues, but also from profits he makes with his vehicle.
Sombel’s dream is to open a major tailoring shop if he can find the financial resources and have the support of a financial institution like IMCEC.
Sombel sollicite un renouvellement de 700 000fcfa pour acheter de la garniture et des variétés de tissus qu’il va confectionner en ensembles pour hommes et femmes, qu’il va exposer et mettre en vente. Il peut être actif toute la journée, voire une partie de la nuit compte tenu de la clientèle et de la période.
Sombel est marié et père de 5 enfants dont le plus âgé a 16 ans et le cadet, 3 ans. Il s’occupe de leur alimentation et de leur scolarité et cela est possible grâce aux revenus de l’activité de couture, mais aussi grâce aux recettes de son véhicule.
Sombel, rêve d’ouvrir un grand complexe de coupe-couture s’il a les moyens et l’appui d’une Institution financière comme l’IMCEC.
More information about this loan
To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at lower interest rates.
About UIMCECThis 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.
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