News

07.10.2014

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News from Senegal - Magatte SY - Purchase stock

"Thanks to MicroCred, I could relocate my business which was at home, and install it at Ndiarème market of Guédiawaye. I also took the opportunity to buy more stocks to meet my new target audience to increase my income.

Unfortunately, the evolution of the activity did not correspond to my expectations because it is located in an area with high competition, but also because of a cash shortfall caused by uncollected receivables.
This situation reflected in the lifestyle of my family, because the charges I support now have priority.

Currently, I have to cover my debts then strengthen my stocks and avoid bankruptcy.
My credit has finally come to an end, and I wish to stabilize to get back again on new bases."

See the project page of Magatte