Alpha Afanou


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Alpha Afanou
Location: Aklakou, Togo
Activity: Restaurant

About the Loan

Loan Amount: $1,000.00
Loan Use: Buying a stove, cups, and other necessities for meeting customer expectations
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 10, 2007
Date Disbursed: Jun 25, 2007
Date Funded:Jun 11, 2007
Loan Ended:Aug 25, 2008

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:United States Dollars (USD)



Alpha AFANOU was born in 1969 in Anfoin and currently resides in Aklakou Fonkomé with his wife and three children. To deal with the needs of his family, he managed to open a cafeteria, where he offers quality service to his ever-growing customer base. And importantly, with this source of revenue, he is able to feed his family. Famous for the quality and flavor of his coffee, he has achieved all this through personal effort. Living adjacent to the bus station in Aklakou, Mr. AFANOU had been quick to realize that bus drivers need coffee even very late at night. With much effort, he gathered a meager sum and then timidly began his business. Today, after six years of experience, he would like to be able to handle rush hour demands, a challenge he faces daily. To do so, he is requesting a loan of $1,000 to buy a stove, coffee cups, and other necessities to meet the expectations of his customers. The more his revenues increase, the more his family's living conditions will improve.

Translated from French by Daniel Kuey, Kiva volunteer:



Né à Anfoin en 1969, Monsieur AFANOU Alpha réside actuellement à Aklakou Fonkomé avec sa femme et ses trois enfants. Pour subvenir aux besoins de sa famille, il parvient à ouvrir un cafétéria où il offre un service de qualité à sa clientèle qui devient de plus en plus importante. C’est d’ailleurs à partir de ce revenu que Monsieur Alpha AFANOU nourrit sa famille. Réputé pour le goût et la qualité de son café, il y est arrivé à partir d’un effort personnel. Domicilié à coté de la gare routière d’Aklakou, Monsieur Alpha a vite compris que les transporteurs ont besoin du café même à des heures tardives. Alors il a réuni difficilement quelques maigres moyens et a commencé timidement. Aujourd’hui, après dix ans d’expérience, il souhaite être totalement à la hauteur de la forte demande qui se présente à lui quotidiennement. Il sollicite pour ce faire un crédit de $1000 pour s’acheter une cuisinière, des tasses et autres nécessaires pour satisfaire sa clientèle. Plus les revenus augmentent plus il améliorera les conditions de vie de sa famille.


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Lenders to this entrepreneur

CJ
Yardley, PA
United States

Anudeva and Hanna
Maui, Hawaii
United States

LAURENT
toulouse, FRANCE
France

The Smiths
., Somerset
United Kingdom

Louis
Jonen,
Switzerland

Kim
Copenhagen S, DK
Denmark

Jacqueline
New York, NY
United States

Holly
Silver Spring, MD
United States

Beer Cheese Mike
San Diego, CA
United States

John
Raleigh, NC
United States

David
portland, OR
United States

Anne-Marie
Washington, DC
United States

Anonymous
New York, NY
United States

Drew and daughter Molly
williamsville, NY
United States



Journal entries for Alpha Afanou


Loan has been disbursed
 
Entrepreneur: Alpha Afanou
Location: Aklakou, Togo

Thank you for your loan. It has been disbursed to Alpha AFANOU by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 14 - 16 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Aklakou, Togo
Jun 25, 2007
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Kiva Help Repayment Schedule for Alpha Afanou

  Expected Repayments Actual Repayments Comments
September 2007 $71.43 $72.00 Repayment Received
October 2007 $71.43 $72.00 Repayment Received
November 2007 $71.43 $72.00 Repayment Received
December 2007 $71.43 $72.00 Repayment Received
January 2008 $71.43 $72.00 Repayment Received
February 2008 $71.43 $72.00 Repayment Received
March 2008 $71.43 $72.00 Repayment Received
April 2008 $71.43 $72.00 Repayment Received
May 2008 $71.43 $72.00 Repayment Received
June 2008 $71.43 $72.00 Repayment Received
July 2008 $71.43 $72.00 Repayment Received
August 2008 $71.43 $72.00 Repayment Received
September 2008 $71.43 $72.00 Repayment Received
October 2008 $71.41 $64.00 Repayment Received