Akoélé Gbossou


Status: Paying Back

$1,175.00   Loan Amount
36% repaid

About the Entrepreneur

Name: Akoélé Gbossou
Location: Aného, Togo
Activity: Cereals

About the Loan

Loan Amount: $1,175.00
Loan Use: To stock and sell grain
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 15, 2009
Date Disbursed: Mar 19, 2009
Date Funded:Apr 16, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:494.4109 XOF = 1 USD



Ms. GBOSSOU Akoélé is a widow and has four children to support. Born in 1954 in Glidji, this good and honest woman got started in the commerce of staple goods a very long time ago. It's a business she has perfectly mastered. She basically go from market to market to buy grain (corn, beans, millet) that she stocks and resells to her numerous customers. Given the responsibilities she is shouldering by herself, she can no longer satisfy the demands of her customers, and her revenues are tending to drop. She's therefore requesting a loan to bolster her business and make it profitable.

Translated from French by Dan Kuey, Kiva Volunteer


Madame GBOSSOU Akoélé est veuve avec quatre enfants à charge. Née en 1954 à Glidji ; cette brave femme s’est lancée dans le commerce produits vivriers il y a très longtemps. Activités qu’elle maîtrise parfaitement. En effet elle va de marché en marché pour acheter des céréales (maïs, haricots, mil) qu’elle stocke et revend à ses nombreux clients. Compte tenu de la charge qu’elle assure toute seule, elle n’arrive plus à satisfaire la demande de ses clients et ses revenues tendent à chuter. Elle sollicite donc un crédit pour renforcer et rentabiliser son activité. Akoélé est veuve avec quatre enfants à charge. Née en 1954 à Glidji ; cette brave femme s’est lancée dans le commerce produits vivriers il y a très longtemps. Activités qu’elle maîtrise parfaitement. En effet elle va de marché en marché pour acheter des céréales (maïs, haricots, mil) qu’elle stocke et revend à ses nombreux clients. Compte tenu de la charge qu’elle assure toute seule, elle n’arrive plus à satisfaire la demande de ses clients et ses revenues tendent à chuter. Elle sollicite donc un crédit pour renforcer et rentabiliser son activité.

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Journal entries for Akoélé Gbossou


Loan has been disbursed
 
Entrepreneur: Akoélé Gbossou
Location: Aného, Togo

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


Posted by from Aného, Togo
Apr 17, 2009
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Kiva Help Repayment Schedule for Akoélé Gbossou

  Expected Repayments Actual Repayments Comments
August 2009 $82.53 $82.53 Repayment Received
September 2009 $83.77 $83.77 Repayment Received
October 2009 $85.03 $85.03 Repayment Received
November 2009 $86.30 $86.30 Repayment Received
December 2009 $87.60 $87.60 Repayment Received
January 2010 $88.91 Available Jan 1  
February 2010 $90.24 Available Feb 1  
March 2010 $91.60 Available Mar 1  
April 2010 $92.97 Available Apr 1  
May 2010 $94.37 Available May 1  
June 2010 $95.78 Available Jun 1  
July 2010 $97.22 Available Jul 1  
August 2010 $98.68 Available Aug 1