Dédé Ametoyona Folly


Status: Paying Back

$925.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Dédé Ametoyona Folly
Location: Lomé, Togo
Activity: General Store

About the Loan

Loan Amount: $925.00
Loan Use: purchasing merchandise for resale
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Nov 16, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:443.8115 XOF = 1 USD



This woman is married to a taxi driver and the couple have 4 children. Her husband's income is not quite sufficient to cover school expenses for the children; that is the reason why this lady began last year to sell foodstuffs in the Bè – Aveto neighborhood in Lomé. She sells such goods as tomatoes, sardines, pasta, sacks of rice, and other indispensable products. She has rented a little store which is visited by numerous customers because of this lady's hearty welcome.



At this time, she has a pressing need to replenish merchandise that is out of stock. That is why she is requesting a loan from WAGES to buy 5 cases of spaghetti, 2 cases of bleach, 3 cases of sardines, 5 sacks of rice, and many other products. She feels certain that she will be able to reimburse her loan in a timely manner.

Translated from French by Teresa Kramer, Kiva Volunteer


Cette femme s’est mariée à un chauffeur de taxi et le couple a 04 enfants. Les revenus du mari n’arrivent plus entièrement à couvrir tous les besoins scolaires des enfants et du foyer ; c’est pour cette raison que cette dame s’est lancée l’année passée dans la vente des produits d’alimentation générale dans le quartier de Bè – Aveto à Lomé. Elle vend des produits comme des tomates, des sardines, des pâtes alimentaires, des sacs de riz et bien d’autres produits indispensables. Elle a loué une boutique qui est très fréquentée par de nombreux clients à cause du bon accueil qu’elle leur réserve en tout temps. Elle a un besoin pressant en ce moment de renouveler son stock en baisse ; c’est pour cela qu’elle sollicite un crédit de WAGES pour acheter 05 cartons de sphaguetti, 02 cartons d’eau de javel, 03 cartons de sardines, 05 sacs de riz et bien d’autres produits. Elle a l’assurance de rembourser son crédit à temps.

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Journal entries for Dédé Ametoyona Folly


Loan to Dédé Ametoyona FOLLY in Togo has been 100% funded
 
Entrepreneur: Dédé Ametoyona Folly
Location: Lomé, Togo

Thanks to you and 25 other Kiva Lenders, the 925.00 loan requested by Dédé Ametoyona FOLLY in Togo has been 100% funded. The loan will be used for the purpose of: purchasing merchandise for resale.

Over the months of this loan, Kiva’s Field Partner in Togo, 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
Nov 16, 2009
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Kiva Help Repayment Schedule for Dédé Ametoyona Folly

  Expected Repayments Actual Repayments Comments
January 2010 $55.45 Available Jan 1  
February 2010 $56.28 Available Feb 1  
March 2010 $57.12 Available Mar 1  
April 2010 $57.98 Available Apr 1  
May 2010 $58.86 Available May 1  
June 2010 $59.73 Available Jun 1  
July 2010 $60.63 Available Jul 1  
August 2010 $61.54 Available Aug 1  
September 2010 $62.46 Available Sep 1  
October 2010 $63.40 Available Oct 1  
November 2010 $64.35 Available Nov 1  
December 2010 $65.32 Available Dec 1  
January 2011 $66.29 Available Jan 1  
February 2011 $67.29 Available Feb 1  
March 2011 $68.30 Available Mar 1