Saliou Babatounde Yekini


Status: Paying Back

$1,050.00   Loan Amount
38% repaid

About the Entrepreneur

Name: Saliou Babatounde Yekini
Location: Lomé, Togo
Activity: Spare Parts

About the Loan

Loan Amount: $1,050.00
Loan Use: purchase of tires and spare parts for re-sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 14, 2009
Date Disbursed: May 13, 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:479.6225 XOF = 1 USD



This gentleman learned to be a mechanic but since he did not have the financial means to open a garage, he began selling tires in 2005. He works in the autonomous port of Lomé. Presently, his stock is expended and he wants to replenish it, so he is asking WAGES for his second loan to buy tires and various auto spare parts.



He is married and the father of 3 children. It is with his income from this business that he supports his family.


Translated from French by Teresa Kramer, Kiva Volunteer


Ce monsieur appris la mécanique mais ne disposant pas de moyens suffisant pour ouvrir un garage, il s’est lancé dans le commerce de pneus en 2005, il exerce son activité au port autonome de Lomé. Actuellement son stock est épuisé, il veut rehausser son stock et sollicite de WAGES son deuxième crédit pour acheter des pneus et diverses pièces de voiture.
Il est marié et père de trois enfants, c’est avec le revenu de cette activité qu’il subvient aux charges de sa famille.



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Journal entries for Saliou Babatounde Yekini


Loan has been disbursed
 
Entrepreneur: Saliou Babatounde Yekini
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Saliou Babatounde Yekini by WAGES in Togo. We are excited to watch this business grow. Over the 12 months of this loan, WAGES will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lomé, Togo
May 24, 2009
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Kiva Help Repayment Schedule for Saliou Babatounde Yekini

  Expected Repayments Actual Repayments Comments
August 2009 $78.29 $78.29 Repayment Received
September 2009 $79.85 $79.85 Repayment Received
October 2009 $81.45 $81.45 Repayment Received
November 2009 $83.08 $83.08 Repayment Received
December 2009 $84.74 $84.74 Repayment Received
January 2010 $86.44 Available Jan 1  
February 2010 $88.16 Available Feb 1  
March 2010 $89.93 Available Mar 1  
April 2010 $91.73 Available Apr 1  
May 2010 $93.56 Available May 1  
June 2010 $95.43 Available Jun 1  
July 2010 $97.34 Available Jul 1