Latifatou


Status: Paying Back

$375.00   Loan Amount
20% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Latifatou
Location: Location Undisclosed, Benin
Activity: Cloth & Dressmaking Supplies

About the Loan

Loan Amount: $375.00
Loan Use: To buy ten 5-meter bolts of rich damask cloth and some jewelry to sell
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 21, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Aug 21, 2009

About the Country

Country:Benin
Avg Annual Income:$1,500.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:463.8660 XOF = 1 USD



Latifatou was born in 1952 in Ouidah in southern Benin.  She is a widow and the mother of five children who are all in her care.  Latifatou sells jewelry and damask cloth that she exports to Gabon, a country neighboring Benin.  Dantokpa, the grand  international marketplace of Benin, is where she purchases her fabrics and jewelry.  To increase her export capacity of these items, she is requesting a loan from ALIDé.

Translated from French by Dan Kuey, Kiva Volunteer


Latifatou est née en 1952 à Ouidah au Sud du Bénin. Latifatou est veuve et mère de cinq (05) enfants tous à sa charge. Latifatou vend des bijoux et tissus Basins qu’elle exporte vers le Gabon, pays voisin du Bénin. C’est à Dantokpa, grand marché international du Bénin que Latifatou achète ses tissus et bijoux. Pour augmenter sa capacité d’exportation de ces articles, Latifatou sollicite un prêt de ALIDé.



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Journal entries for Latifatou


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

Thank you for your loan. It has been disbursed to Latifatou by Alidé in Benin. We are excited to watch this business grow. Over the 10 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
Sep 9, 2009
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Kiva Help Repayment Schedule for Latifatou

  Expected Repayments Actual Repayments Comments
November 2009 $0.00 $37.50  
December 2009 $37.50 $37.50 Repayment Received
January 2010 $37.50 Available Jan 1 Repayment Received
February 2010 $37.50 Available Feb 1  
March 2010 $37.50 Available Mar 1  
April 2010 $37.50 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $37.50 Available Jun 1  
July 2010 $37.50 Available Jul 1  
August 2010 $37.50 Available Aug 1  
September 2010 $37.50 Available Sep 1