Thérèse Mlapa


Status: Paying Back

$825.00   Loan Amount
43% repaid

About the Entrepreneur

Name: Thérèse Mlapa
Location: Aného, Togo
Activity: Food Production/Sales

About the Loan

Loan Amount: $825.00
Loan Use: To stock corn for selling porridge
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2009
Date Disbursed: Apr 22, 2009
Date Funded:May 8, 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



Ms. Thérèse MLAPA, age 47, is married and has four children in her care. This is a very energetic woman who struggles for her the future of her children and family. To do so, she has a business making and selling cornmeal porridge each morning in her village. This enables her to address the essential needs of her children. To grow her profits, she's requesting a loan to build up a sizable stock of corn, the basic ingredient that goes into making the porridge.

Translated from French by Dan Kuey, Kiva Volunteer


Agée de quarante sept (47) ans, Mme Thérèse MLAPA est mariée avec quatre (04) enfants à charge. C’est une femme très dynamique qui se bat pour le devenir de ses enfants et de sa famille. Pour cela, elle mène comme activité la préparation et la vente de la bouillie à base de mais tous les matins dans son village. Cette activité lui permet de faire face aux besoins élémentaires de ses enfants. Pour accroître ses bénéfices, elle sollicite un crédit pour constituer un stock important de mais, matière de base entrant dans la préparation de la bouillie.


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Journal entries for Thérèse Mlapa


Loan has been disbursed
 
Entrepreneur: Thérèse Mlapa
Location: Aného, Togo

Thank you for your loan. It has been disbursed to Thérèse MLAPA by Microfund Togo in Togo. We are excited to watch this business grow. Over the 12 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
May 9, 2009
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Kiva Help Repayment Schedule for Thérèse Mlapa

  Expected Repayments Actual Repayments Comments
August 2009 $69.54 $69.54 Repayment Received
September 2009 $70.59 $70.59 Repayment Received
October 2009 $71.64 $71.64 Repayment Received
November 2009 $72.72 $72.72 Repayment Received
December 2009 $73.81 $73.81 Repayment Received
January 2010 $74.92 Available Jan 1  
February 2010 $76.04 Available Feb 1  
March 2010 $77.18 Available Mar 1  
April 2010 $78.34 Available Apr 1  
May 2010 $79.51 Available May 1  
June 2010 $80.71 Available Jun 1