Bakam Koffi Balitara


Status: Paying Back

$1,025.00   Loan Amount
24% repaid

About the Entrepreneur

Name: Bakam Koffi Balitara
Location: Adidogomé, Togo
Activity: Phone Use Sales

About the Loan

Loan Amount: $1,025.00
Loan Use: To buy mobile phone recharge cards
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 6, 2009
Date Disbursed: May 6, 2009
Date Funded:May 24, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:493.0742 XOF = 1 USD



This is a gentleman who resides in the Gblinkomé district. He dropped out of school quite early in order to support himself. In 2005 he started doing commerce in TOGOCEL and MOOV mobile phone cards that he sells wholesale and retail to customers as he goes door-to-door. He is a very energetic man and manages to win over new customers very day. He wants to expand his business first by selling ILLICO cards. To do so, he must resupply himself and is requesting a WAGES loan to buy ten boxes of TOGOCEL cards, ten boxes of MOOV cards, and five boxes of ILLICO cards.

Translated from French by Dan Kuey, Kiva Volunteer


Ce monsieur est un résident du quartier de gblinkomé, il a très tôt abandonné les classes, pour subvenir à ses propres charges, il a commencé en 2005 le commerce de cartes de recharge TOGOCEL et MOOV qu’il vend en gros et en détail à ses clients de façon ambulante. Il est très dynamique et arrive à conquérir tous les jours de nouveaux clients. Il veut agrandir son activité et commencer par vendre des cartes ILLICO, pour cela il doit donc se réapprovisionner et sollicite de WAGES un crédit pour acheter 10 boîtes de cartes TOGOCEL, 10 boîtes de cartes MOOV et 5 boîtes de cartes ILLICO.

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Journal entries for Bakam Koffi Balitara


Loan has been disbursed
 
Entrepreneur: Bakam Koffi Balitara
Location: Adidogomé, Togo

Thank you for your loan. It has been disbursed to Bakam Koffi BALITARA by WAGES in Togo. We are excited to watch this business grow. Over the 18 months of this loan, WAGES will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Adidogomé, Togo
May 25, 2009
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Kiva Help Repayment Schedule for Bakam Koffi Balitara

  Expected Repayments Actual Repayments Comments
August 2009 $47.87 $47.87 Repayment Received
September 2009 $48.83 $48.83 Repayment Received
October 2009 $49.80 $49.80 Repayment Received
November 2009 $50.80 $50.80 Repayment Received
December 2009 $51.82 $51.82 Repayment Received
January 2010 $52.85 Available Jan 1  
February 2010 $53.91 Available Feb 1  
March 2010 $54.99 Available Mar 1  
April 2010 $56.09 Available Apr 1  
May 2010 $57.21 Available May 1  
June 2010 $58.35 Available Jun 1  
July 2010 $59.52 Available Jul 1  
August 2010 $60.71 Available Aug 1  
September 2010 $61.92 Available Sep 1  
October 2010 $63.16 Available Oct 1  
November 2010 $64.43 Available Nov 1  
December 2010 $65.71 Available Dec 1  
January 2011 $67.03 Available Jan 1