Kokou Alabada


Status: Paying Back

$175.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Kokou Alabada
Location: Badou, Togo
Activity: Cobbler

About the Loan

Loan Amount: $175.00
Loan Use: purchase of materials to make shoes
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Nov 1, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:446.4792 XOF = 1 USD



Kokou ALABADA is a young 36 year old man, single, and without children. He lives in Badou, a city located 110 kilometers from Kpalimé. He is a cobbler, and practices this trade out of a very pretty stall/hut. For the past 8 years, he has been very well-known for the quality of his work. He has an important list of clientele. He is asking for this loan in order to stock up on materials to make shoes as well as improve his workshop. These materials will allow him to produce more shoes in order to increase his profits. In the future, thanks to the profits realized, he would be able to get married and to build his own home on the plot of land he purchased last year.


Translated from French by Chloe Tuot, Kiva Volunteer


Kokou ALABADA est un homme âgé de 36 ans, célibataire sans enfant. Il habite à Badou, une ville située à 110 kilomètres de Kpalimé. C’est un cordonnier. C’est une baraque très coquette dans laquelle il exerçait ses tâches de cordonnerie. Les derniers 8 années, il est très réputé pour la qualité de ses œuvres et il dispose d’une clientèle importante. Il sollicite ce prêt pour s’approvisionner en matériels de fabrication de chaussures et aménager un peu son atelier. Ces matériels lui permettront de produire davantage afin d’augmenter son épargne. Avec le temps et suite aux bénéfices réalisés, il pourra se marier et construire sa propre maison sur le terrain qu’il a acheté l’an dernier.

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Journal entries for Kokou Alabada


Loan has been disbursed
 
Entrepreneur: Kokou Alabada
Location: Badou, Togo

Thank you for your loan. It has been disbursed to Kokou ALABADA by FECECAV in Togo. We are excited to watch this business grow. Over the 10 months of this loan, FECECAV will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Badou, Togo
Nov 2, 2009
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Kiva Help Repayment Schedule for Kokou Alabada

  Expected Repayments Actual Repayments Comments
January 2010 $35.00 Available Jan 1  
February 2010 $17.50 Available Feb 1  
March 2010 $17.50 Available Mar 1  
April 2010 $17.50 Available Apr 1  
May 2010 $17.50 Available May 1  
June 2010 $17.50 Available Jun 1  
July 2010 $17.50 Available Jul 1  
August 2010 $17.50 Available Aug 1  
September 2010 $17.50 Available Sep 1