Assou Kpetigo

Status: Paid Back

$1,000
Loan Request
Disbursed : Jul 12, 2007
Listed: Jun 27, 2007
Funded: Jun 28, 2007
$1,000
Paid Back
Ended: Jul 12, 2008

About the Country

Country:Togo
Avg Annual Income:$1,700
Currency:United States Dollars (USD)


About the Loan

Location: Lomé, Togo   Repayment Term: 15 months
(more info)
Activity: Auto Repair   Repayment Schedule: Monthly
Loan Use: stocking additional spare parts   Currency Exchange Loss: N/A
      Default Protection: Covered
Born on October 13, 1959 in Lomé (Togo), Assou Kpetigo is married and father of four children. Seller of automobile spare parts, Assou is not always able to satisfy his customers' needs on time because he can't maintain sufficient stocks. He doesn't make a lot of profit from his business, as he often has to turn away customers. This means that he has a hard time supporting his family and paying his children's school fees.

To increase his stock of spare parts, Assou is asking for a loan of $1000 which he will use as capital in order to procure more stock and be able to satisfy the needs of more customers.

Translated from French by Teresa Kramer, a Kiva volunteer

Né le 13 octobre 1959 à Lomé, Monsieur KPETIGO Assou est marié et père de quatre (04) enfants. Commerçant de pièces détachées auto, il n’arrive pas à satisfaire ses clients à temps à cause d’un niveau de stock très bas. Ainsi, il ne réalise pas un bon chiffre d’affaires car il à souvent des méventes. Ce qui fait qu’il a du mal à subvenir aux besoins de la famille, surtout la scolarisation de ses enfants.

Pour renforcer son stock, Monsieur KPETIGO sollicite un crédit de $1000 qui va lui servir de fonds de commerce et s’approvisionner de nouvelles pièces afin de satisfaire sa clientèle.


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Journal entries for Assou Kpetigo


Loan has been disbursed
 
Entrepreneur: Assou Kpetigo
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Assou KPETIGO by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 12 - 18 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lomé, Togo
Jul 12, 2007
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Kiva Help Repayment Schedule for Assou Kpetigo

  Expected Repayments Actual Repayments Comments
October 2007 $83.33 $84.00 Repayment Received
November 2007 $83.33 $84.00 Repayment Received
December 2007 $83.33 $84.00 Repayment Received
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.37 $76.00 Repayment Received