Abra Fofoe


Status: Paying Back

$775.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Abra Fofoe
Location: Tsévié, Togo
Activity: Fish Selling

About the Loan

Loan Amount: $775.00
Loan Use: To sell dried and smoked fish
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 18, 2009
Date Disbursed: Jul 3, 2009
Date Funded:Jul 19, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:466.1059 XOF = 1 USD



Ms. Abra FOFOE is the mother of five children. Born into a very poor family, she only manages to get by through the selling of food items, particularly small dried or smoked fish in her village. Despite her devotion and determination, she has not had a break-through in her business because of a lack of means. She is therefore requesting financial support with the aim of launching into actual commerce that is likely to lift her out of poverty.

Translated from French by Dan Kuey, Kiva Volunteer



Mme Abra FOFOE est mère de cinq (05) enfants. Issue d’une famille très pauvre, elle n’arrive à s’en sortir qu’en revendant des produits alimentaires en particuliers les petits poissons séchés ou fumés dans son village. Malgré son dévouement et sa détermination, elle n’arrive pas à percer dans son activité, parce que n’ayant pas de moyens. Elle sollicite donc un appui financier en vue d’entreprendre un véritable commerce susceptible de la faire sortir de la pauvreté.


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Journal entries for Abra Fofoe


Loan has been disbursed
 
Entrepreneur: Abra Fofoe
Location: Tsévié, Togo

Thank you for your loan. It has been disbursed to Abra FOFOE by Microfund Togo in Togo. We are excited to watch this business grow. Over the 12 months of this loan, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tsévié, Togo
Jul 20, 2009
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Kiva Help Repayment Schedule for Abra Fofoe

  Expected Repayments Actual Repayments Comments
December 2009 $72.41 $72.41 Repayment Received
January 2010 $73.50 Available Jan 1  
February 2010 $74.60 Available Feb 1  
March 2010 $75.72 Available Mar 1  
April 2010 $76.85 Available Apr 1  
May 2010 $78.01 Available May 1  
June 2010 $79.18 Available Jun 1  
July 2010 $80.37 Available Jul 1  
August 2010 $81.57 Available Aug 1  
September 2010 $82.79 Available Sep 1