Akossiwa


Status: Paying Back

$625.00   Loan Amount
24% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Akossiwa
Location: Lomé, Togo
Activity: Personal Products Sales

About the Loan

Loan Amount: $625.00
Loan Use: To buy hair extensions and weaves
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 22, 2009
Date Disbursed: May 20, 2009
Date Funded:May 22, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:480.8204 XOF = 1 USD



In 2007, this young woman got started in the commerce of hair extensions and weaves that she sells retail. Her customers are composed of mostly hairdressers. She is the only one having this business in her district, and it's an advantage for her. She wants to expand her business and is therefore requesting her first loan from WAGES to buy new models of hair extensions and weaves. She is unmarried, and this work enables her to support herself.

Translated from French by Dan Kuey, Kiva Volunteer


En 2007, cette jeune femme s’est lancée dans le commerce de mèche et de tissages qu’elle vend en détail. Sa clientèle est constituée en majorité de coiffeuse. Elle est seule à faire ce commerce dans son quartier ce qui est un avantage pour elle. Elle veut agrandir son activité et sollicite alors de WAGES son premier crédit pour l’achat de nouveaux modèles de mèches et de tissages.
Elle est célibataire, c’est cette activité qui lui permet de satisfaire ses besoins.

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Journal entries for Akossiwa


Loan has been disbursed
 
Entrepreneur: Akossiwa
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Akossiwa 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 Lomé, Togo
May 23, 2009
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Kiva Help Repayment Schedule for Akossiwa

  Expected Repayments Actual Repayments Comments
August 2009 $29.19 $29.19 Repayment Received
September 2009 $29.77 $29.77 Repayment Received
October 2009 $30.37 $30.37 Repayment Received
November 2009 $30.98 $30.98 Repayment Received
December 2009 $31.59 $31.59 Repayment Received
January 2010 $32.23 Available Jan 1  
February 2010 $32.87 Available Feb 1  
March 2010 $33.53 Available Mar 1  
April 2010 $34.20 Available Apr 1  
May 2010 $34.88 Available May 1  
June 2010 $35.58 Available Jun 1  
July 2010 $36.29 Available Jul 1  
August 2010 $37.02 Available Aug 1  
September 2010 $37.76 Available Sep 1  
October 2010 $38.51 Available Oct 1  
November 2010 $39.28 Available Nov 1  
December 2010 $40.07 Available Dec 1  
January 2011 $40.88 Available Jan 1