Folly Elessessi
Status: Paying Back
| $975.00 | Loan Amount |
|---|
47% repaid
About the Entrepreneur
| Name: | Folly Elessessi |
|---|---|
| Location: | Wome, Togo |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $975.00 |
|---|---|
| Loan Use: | Purchase new products for resale |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 26, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jun 27, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | FECECAV |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 1244 |
| Total Loans: | $958,950 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Togo |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Communauté Financière Africaine Francs BCEAO (XOF) |
| Exchange Rate: | 470.5209 XOF = 1 USD |
Folly Elessessi is a very dedicated second-hand clothing retailer. He is 35 years old, married and the father of two children. Folly has been in this business for 4 years. He hopes to expand his business with this loan by buying new brand-name products that will allow him to better respond to customer needs. He is counting on this chance to improve his family’s living conditions.
Folly Elessessi est un commerçant de friperies très dévoué. Agé de 35 ans, il est marié et père 2 enfants. Folly exerce ce commerce depuis 4 ans. Il souhaite avec ce crédit accroître la taille de son activité en payant des nouveaux produits de marque lui permettant de mieux répondre aux besoins de sa clientèle. Il compte sur cette chance pour améliorer les conditions de vie de sa famille.
Translated from French by Carolyn McCaffrey, Kiva Volunteer
Folly Elessessi est un commerçant de friperies très dévoué. Agé de 35 ans, il est marié et père 2 enfants. Folly exerce ce commerce depuis 4 ans. Il souhaite avec ce crédit accroître la taille de son activité en payant des nouveaux produits de marque lui permettant de mieux répondre aux besoins de sa clientèle. Il compte sur cette chance pour améliorer les conditions de vie de sa famille.
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Journal entries for Folly Elessessi
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Loan has been disbursed
Location: Wome, Togo
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Posted by
from Wome, Togo
Jun 28, 2009 |
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Comment on this entry
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Repayment Schedule for Folly Elessessi
Repayment Schedule for Folly Elessessi
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $89.04 | $89.04 |  Repayment Received
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| September 2009 | $90.82 | $90.82 | Repayment Received
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| October 2009 | $92.64 | $92.64 | Repayment Received
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| November 2009 | $94.49 | $94.49 | Repayment Received
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| December 2009 | $96.38 | $96.38 | Repayment Received
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| January 2010 | $98.31 | Available Jan 1 | |||
| February 2010 | $100.28 | Available Feb 1 | |||
| March 2010 | $102.28 | Available Mar 1 | |||
| April 2010 | $104.33 | Available Apr 1 | |||
| May 2010 | $106.43 | Available May 1 | |||
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