Atsu Mlaga


Status: Paying Back

$775.00   Loan Amount
65% repaid

About the Entrepreneur

Name: Atsu Mlaga
Location: Avetonou, Togo
Activity: Agriculture

About the Loan

Loan Amount: $775.00
Loan Use: To buy fertilizers
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 13, 2009
Date Disbursed: Jul 2, 2009
Date Funded:Jul 14, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:470.5172 XOF = 1 USD



Atsu Mlaga is a rice grower in Avetonou. He is 49 years old, married, and the father of five. He would like to use this loan to buy fertilizers to increase his yields and also to hire sharecroppers, in order to expand his arable land. He is counting in this opportunity to improve his family's living conditions.

Translated from French by Dan Kuey, Kiva Volunteer


Atsu Mlaga est cultivateur du riz à Avetonou. Agé de 49 ans, il est marié et père de 5 enfants. il souhaite avec ce crédit acheter des engrais pour accroître son rendement et aussi engager des métayers pour élargir son espace cultivable. Il compte sur cette opportunité pour améliorer les conditions de vie de sa famille.

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Journal entries for Atsu Mlaga


Loan has been disbursed
 
Entrepreneur: Atsu Mlaga
Location: Avetonou, Togo

Thank you for your loan. It has been disbursed to Atsu Mlaga by FECECAV in Togo. We are excited to watch this business grow. Over the 5 months of this loan, FECECAV will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Avetonou, Togo
Jul 15, 2009
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Kiva Help Repayment Schedule for Atsu Mlaga

  Expected Repayments Actual Repayments Comments
September 2009 $122.86 $122.86 Repayment Received
October 2009 $125.31 $125.31 Repayment Received
November 2009 $127.82 $127.82 Repayment Received
December 2009 $130.38 $130.38 Repayment Received
January 2010 $132.98 Available Jan 1  
February 2010 $135.65 Available Feb 1