Fafavi Ayélé Hemazro


Status: Paying Back

$450.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Fafavi Ayélé Hemazro
Location: Lomé, Togo
Activity: Shoe Sales

About the Loan

Loan Amount: $450.00
Loan Use: To buy boxes of shoes
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 4, 2009
Date Disbursed: Oct 1, 2009
Date Funded:Oct 4, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:448.2158 XOF = 1 USD



Fafavi Ayélé Hemazro did not have the opportunity to learn a trade, which is why she decided last year to start selling shoes at the Great Market of Lomé. She set up a small stand at the market to sell her shoes. This business enables her to provide for her child, since she is not married. She likes this activity very much and expects to be able to sell also handbags in future. She gets her supplies from different stores at the market.


Right now Fafavi urgently needs to buy new shoes. That is why she applies to WAGES for a loan to buy 20 boxes of various shoes.

Translated from French by Robert Mouris, Kiva Volunteer


Cette femme n’a pas eu la chance d’apprendre un métier ; c’est cette raison qu’elle a pris la décision l’année dernière de se lancer dans la vente de chaussures au Grand Marché de Lomé. Elle a dressé un petit étalage dans le marché pour pouvoir vendre ses chaussures. Avec ce commerce, elle arrive à subvenir aux besoins de son enfant, puisqu’elle n’est pas mariée. Elle aime bien son activité et compte dans l’avenir associer aussi la vente de sacs de sortie. Elle s’approvisionne auprès de différentes boutiques dans le marché. Elle a un besoin pressant en ce moment d’effectuer de nouveaux achats ; c’est pour cette raison qu’elle sollicite un crédit de WAGES pour acheter 20 cartons de chaussures différentes.

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Journal entries for Fafavi Ayélé Hemazro


Loan has been disbursed
 
Entrepreneur: Fafavi Ayélé Hemazro
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Fafavi Ayélé Hemazro by Women and Associations for Gain both Economic and Social (WAGES) in Togo. We are excited to watch this business grow. Over the 12 months of this loan, Women and Associations for Gain both Economic and Social (WAGES) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lomé, Togo
Oct 5, 2009
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Kiva Help Repayment Schedule for Fafavi Ayélé Hemazro

  Expected Repayments Actual Repayments Comments
January 2010 $34.51 Available Jan 1  
February 2010 $35.02 Available Feb 1  
March 2010 $35.55 Available Mar 1  
April 2010 $36.08 Available Apr 1  
May 2010 $36.62 Available May 1  
June 2010 $37.18 Available Jun 1  
July 2010 $37.73 Available Jul 1  
August 2010 $38.29 Available Aug 1  
September 2010 $38.87 Available Sep 1  
October 2010 $39.46 Available Oct 1  
November 2010 $40.04 Available Nov 1  
December 2010 $40.65 Available Dec 1