Marcelline


Status: Paying Back

$450.00   Loan Amount
30% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Marcelline
Location: Location Undisclosed, Benin
Activity: Beauty Salon

About the Loan

Loan Amount: $450.00
Loan Use: To buy 50 dozen hair extensions and 9 boxes of cosmetic products
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 10, 2009
Date Disbursed: Aug 31, 2009
Date Funded:Aug 10, 2009

About the Country

Country:Benin
Avg Annual Income:$1,500.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:461.7712 XOF = 1 USD



Marcelline was born on April 25, 1981 in Cotonou, the economic capital of the Republic of Benin. She is married to HOUNWEDO Richard, a furniture maker. Marcelline has not yet had children. It’s been three years since she opened her hair salon in her conjugal home in ZOGBO, a district of Cotonou. But in the past, while she was on leave finishing her apprenticeship, she sold for a few months cornmeal mash, locally called “akassa”, with fried fish. Since she opened her hair salon, she has been devoting herself to hairdressing only. In addition to hairdressing, she also sells hair products and goods (hair extensions, straighteners, shampoos, etc.) To server her customers better, she is requesting her first loan from ALIDé to equip her hair salon even further.

Translated from French by Dan Kuey, Kiva Volunteer


Marcelline est née le 25/04/1981 à Cotonou, Capitale Économique de la République du Bénin. Marcelline est mariée à HOUNWEDO Richard, un menuisier. Marcelline n'a pas encore eu d'enfant. Il y a trois ans que Marcelline a ouvert son salon de coiffure au domicile conjugal à ZOGBO, un quartier de Cotonou. Mais avant, alors qu'elle était en congé de fin d'apprentissage, Marcelline a, pour quelques mois, vendu la pâte de maïs localement appelée l'akassa avec du poisson frit. Depuis qu'elle a ouvert son salon de coiffure, Marcelline se consacre uniquement à coiffure. En plus de la coiffure, Marcelline vend également les produits et articles de coiffure(mèche, défrisant, shampoing, etc.). Pour mieux servir sa clientèle, Marcelline sollicite son premier crédit de ALIDé pour équiper encore plus son salon de coiffure.




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Journal entries for Marcelline


Loan has been disbursed
 
Entrepreneur: Marcelline
Location: Location Undisclosed, Benin

Thank you for your loan. It has been disbursed to Marcelline 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 Location Undisclosed, Benin
Aug 31, 2009
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Kiva Help Repayment Schedule for Marcelline

  Expected Repayments Actual Repayments Comments
October 2009 $0.00 $45.00  
November 2009 $45.00 $45.00 Repayment Received
December 2009 $45.00 $45.00 Repayment Received
January 2010 $45.00 Available Jan 1 Repayment Received
February 2010 $45.00 Available Feb 1  
March 2010 $45.00 Available Mar 1  
April 2010 $45.00 Available Apr 1  
May 2010 $45.00 Available May 1  
June 2010 $45.00 Available Jun 1  
July 2010 $45.00 Available Jul 1  
August 2010 $45.00 Available Aug 1