Ayao


Status: Paying Back

$1,025.00   Loan Amount
36% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Ayao
Location: Location Undisclosed, Togo
Activity: Auto Repair

About the Loan

Loan Amount: $1,025.00
Loan Use: To buy motors, shock absorbers, spare parts, and work materials
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 10, 2009
Date Disbursed: Apr 10, 2009
Date Funded:Apr 19, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:499.9775 XOF = 1 USD



Mr. Agbemadji Ayao works in mechanics. He opened a garage where he works at his trade, to which he has included commerce in spare parts that is all the while advantageous to him for selling to customers. Wanting to resupply himself with spare parts and to buy work materials, he's requesting his first loan to buy motors, shock absorbers, mechanical equipment, and other spare parts. He is married and has four children. His wife is in sales.

Translated from French by Dan Kuey, Kiva Volunteer


Monsieur Agbemadji ayao exerce dans la mécanique, il a ouvert un garage dans lequel il exerce son activité, il a associé à son activité de mécanique le commerce de pièces détachées qu’il profite en même temps pour vendre à ses clients. Voulant se réapprovisionner en pièces détachées et acheter du matériel de travail, il sollicite son premier crédit pour acheter des moteurs, des amortisseurs, du matériel mécanique et d’autres pièces détachées. Il est marié et a 04 enfants, sa femme est une revendeuse.

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Journal entries for Ayao


Loan has been disbursed
 
Entrepreneur: Ayao
Location: Location Undisclosed, Togo

Thank you for your loan. It has been disbursed to ayao by WAGES in Togo. We are excited to watch this business grow. Over the 15 months of this loan, WAGES will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Togo
Apr 20, 2009
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Kiva Help Repayment Schedule for Ayao

  Expected Repayments Actual Repayments Comments
July 2009 $59.27 $59.27 Repayment Received
August 2009 $60.46 $60.46 Repayment Received
September 2009 $61.67 $61.67 Repayment Received
October 2009 $62.90 $62.90 Repayment Received
November 2009 $64.16 $64.16 Repayment Received
December 2009 $65.44 $65.44 Repayment Received
January 2010 $66.75 Available Jan 1  
February 2010 $68.08 Available Feb 1  
March 2010 $69.45 Available Mar 1  
April 2010 $70.83 Available Apr 1  
May 2010 $72.25 Available May 1  
June 2010 $73.70 Available Jun 1  
July 2010 $75.17 Available Jul 1  
August 2010 $76.67 Available Aug 1  
September 2010 $78.20 Available Sep 1