Philomène Lammandou


Status: Paying Back

$300.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Philomène Lammandou
Location: Cotonou, Benin
Activity: Food Production/Sales

About the Loan

Loan Amount: $300.00
Loan Use: To purchase vegetable oil, corn, beans, and cassava
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 10, 2009
Date Disbursed: Jul 31, 2009
Date Funded:Jul 11, 2009

About the Country

Country:Benin
Avg Annual Income:$1,500.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:469.4860 XOF = 1 USD



Philomène Lammandou lives in Cotonou, the largest city in Bénin. She is married and has two children. Her son went to college and is now an accountant. Her daughter is currently an apprentice to a hairdresser.

For five years, Philomène has been running a boutique in front of her house, where she sells various goods. Her merchandise includes rice, corn, alcohol, eggs, candy, and cigarettes. She sell these goods by themselves and she also prepares hot food to purchase. She buys her goods at the Dantokpa Market, the largest market in Cotonou.

With the help of the loan, Philomène would like to buy vegetable oil, corn, beans, and cassava. She will use these products to prepare meals. She says that the loan will enable her to buy in bulk thus saving her money.


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Journal entries for Philomène Lammandou


Loan has been disbursed
 
Entrepreneur: Philomène Lammandou
Location: Cotonou, Benin

Thank you for your loan. It has been disbursed to Philomène Lammandou by Alidé in Benin. We are excited to watch this business grow. Over the 9 months of this loan, Alidé will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cotonou, Benin
Jul 31, 2009
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Kiva Help Repayment Schedule for Philomène Lammandou

  Expected Repayments Actual Repayments Comments
September 2009 $0.00 $30.00  
October 2009 $30.00 $30.00 Repayment Received
November 2009 $30.00 $30.00 Repayment Received
December 2009 $30.00 $30.00 Repayment Received
January 2010 $30.00 Available Jan 1 Repayment Received
February 2010 $30.00 Available Feb 1  
March 2010 $30.00 Available Mar 1  
April 2010 $30.00 Available Apr 1  
May 2010 $30.00 Available May 1  
June 2010 $30.00 Available Jun 1  
July 2010 $30.00 Available Jul 1