Assou Gaglo


Status: Paying Back

$450.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Assou Gaglo
Location: Kpalimé, Togo
Activity: Manufacturing

About the Loan

Loan Amount: $450.00
Loan Use: To purchase red oil and other accessories.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 18, 2009
Date Disbursed: Sep 17, 2009
Date Funded:Sep 18, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:445.5019 XOF = 1 USD



Assou Gaglo is a 31 year-old man, he is married and he is the father of 4 children. He lives in Kpalime, a village located 120 kilometers from Lome, the capital city of Togo. Assou makes soap from red palm oil. With this loan he would like to purchase red oil in large quantities and other necessary materials for his business, to expand the business and the production capacity. With his earnings Assou will build a small boutique where he will display his soaps. The barrels shown here contain red oil.





Translated from French by Erika Lindig, Kiva Volunteer


Assou Gaglo est un homme âgé de 31 ans marié et père de 4 enfants. Il habite à Kpalimé, une ville située à 120 kilomètres de Lomé, la capitale du Togo. Assou fabrique les savons fait à base de l’huile rouge. Avec ce prêt, il voudrait acheter de l’huile rouge en grande quantité et d’autres matériaux nécessaires à l’exécution de son activité afin d’accroître la capacité de production de son entreprise. Avec les bénéfices, Assou voudrait construire une petite boutique dans laquelle il exposera ses savons.Ces bidons contiennent de l'huile rouge.

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Journal entries for Assou Gaglo


Loan has been disbursed
 
Entrepreneur: Assou Gaglo
Location: Kpalimé, Togo

Thank you for your loan. It has been disbursed to Assou Gaglo by FECECAV in Togo. We are excited to watch this business grow. Over the 11 months of this loan, FECECAV will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kpalimé, Togo
Sep 19, 2009
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Kiva Help Repayment Schedule for Assou Gaglo

  Expected Repayments Actual Repayments Comments
December 2009 $36.98 $36.98 Repayment Received
January 2010 $37.72 Available Jan 1  
February 2010 $38.47 Available Feb 1  
March 2010 $39.25 Available Mar 1  
April 2010 $40.03 Available Apr 1  
May 2010 $40.82 Available May 1  
June 2010 $41.65 Available Jun 1  
July 2010 $42.48 Available Jul 1  
August 2010 $43.33 Available Aug 1  
September 2010 $44.19 Available Sep 1  
October 2010 $45.08 Available Oct 1