Kolika Lama


Status: Paying Back

$900.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Kolika Lama
Location: Kpalimé, Togo
Activity: Spare Parts

About the Loan

Loan Amount: $900.00
Loan Use: To purchase tools for his shop and for spare parts.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 18, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Oct 12, 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



Kolika Lama is a 44 year-old man, he is married and the father of 6 children. He lives in Kpalime, a village located 120 kilometers from Lome, the capital city of Togo. Kolika is a mechanic and he also sells spare parts. With this loan he would like to purchase tools for his shop as well as some spare parts to resell to his clients. In the future he would like to send two of his children to a school to receive their professional training.




Translated from French by Erika Lindig, Kiva Volunteer


Kolika Lama est un homme âgé de 44 ans, marié et père de 6 enfants. Il habite à Kpalimé, une ville située à 120 kilomètres de Lomé, la capitale du Togo. Kolika est un mécanicien réparateur et vendeur de pièces détachées d’engins. Avec ce prêt, il voudrait acheter des outils de travail et des pièces détachées pour revendre aux clients. Dans le futur, il voudrait envoyer deux de ses enfants dans une école de formation professionnelle.

Subscribe

Lenders to this entrepreneur

Sharon
Naples, FL
United States

Tony
Seattle, WA
United States

Rick Hargett
San Francisco, CA
United States

Fabian
Bremen,
Germany

Steve
Menlo Park, CA
United States

Anonymous
Irvine, CA
United States

Ryan
yakima, WA
United States

Alan and Gale
Goose Bay, Labrador
Canada

john

Australia

Brandon
Spokane, WA
United States

Matt
Durban, Kwa Zulu Natal
South Africa

John
Stockholm,
Sweden

Laurent D
Brussels,
Belgium

Sally-Ann
Melbourne, Victoria
Australia

Morten
Frankfurt,
Germany

Kaija & Cyrill
Winterthur, Zürich
Switzerland

Kory
Fort McMurray, Alberta
Canada

TR
New York, NY
United States

Stephan
Munich,
Germany

Mark
Austin, TX
United States



Top Lending Teams for this entrepreneur


Georgia Tech
Alumni Groups
54 Members

Douglass Global Learning
Youth Groups
10 Members

Team Europe
Local Area
1245 Members

Crazy Canucks
Local Area
713 Members

Journal entries for Kolika Lama


Loan has been disbursed
 
Entrepreneur: Kolika Lama
Location: Kpalimé, Togo

Thank you for your loan. It has been disbursed to Kolika Lama 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
Oct 13, 2009
Comment on this entry

Kiva Help Repayment Schedule for Kolika Lama

  Expected Repayments Actual Repayments Comments
December 2009 $73.96 $73.96 Repayment Received
January 2010 $75.44 Available Jan 1  
February 2010 $76.95 Available Feb 1  
March 2010 $78.48 Available Mar 1  
April 2010 $80.06 Available Apr 1  
May 2010 $81.66 Available May 1  
June 2010 $83.29 Available Jun 1  
July 2010 $84.96 Available Jul 1  
August 2010 $86.65 Available Aug 1  
September 2010 $88.39 Available Sep 1  
October 2010 $90.16 Available Oct 1