Akofa Ajavon


Status: Paying Back

$650.00   Loan Amount
30% repaid

About the Entrepreneur

Name: Akofa Ajavon
Location: Adidogomé, Togo
Activity: Charcoal Sales

About the Loan

Loan Amount: $650.00
Loan Use: purchase of charcoal and firewood
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 26, 2009
Date Funded:Jul 15, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:468.1827 XOF = 1 USD



This woman began selling charcoal and firewood in 2002. In this rainy season, part of her inventory has been spoiled by the rain. In order to replenish it, she is asking WAGES for a loan to buy 20 sacks of charcoal and 15 of firewood.



She is married and the mother of 3 children. With her income, she contributes to supporting the family.

Translated from French by Teresa Kramer, Kiva Volunteer


Cette femme a entamé en 2002, le commerce de charbons et du bois de chauffage. En cette saison de pluie une partie de son stock a été détruite par la pluie, pour se réapprovisionner elle sollicite de WAGES un crédit pour acheter 20 sacs de charbons et 15 bois de chauffage.
Elle est mariée et mère de 03 enfants, avec son revenu elle contribue aux charges de sa famille.

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Journal entries for Akofa Ajavon


Loan has been disbursed
 
Entrepreneur: Akofa Ajavon
Location: Adidogomé, Togo

Thank you for your loan. It has been disbursed to Akofa Ajavon 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 Adidogomé, Togo
Jul 16, 2009
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Kiva Help Repayment Schedule for Akofa Ajavon

  Expected Repayments Actual Repayments Comments
September 2009 $48.46 $48.46 Repayment Received
October 2009 $49.43 $49.43 Repayment Received
November 2009 $50.42 $50.42 Repayment Received
December 2009 $51.43 $51.43 Repayment Received
January 2010 $52.46 Available Jan 1  
February 2010 $53.51 Available Feb 1  
March 2010 $54.58 Available Mar 1  
April 2010 $55.67 Available Apr 1  
May 2010 $56.78 Available May 1  
June 2010 $57.92 Available Jun 1  
July 2010 $59.08 Available Jul 1  
August 2010 $60.26 Available Aug 1