Ablavi Séli Agle


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Ablavi Séli Agle
Location: Lomé, Togo
Activity: Clothing Sales

About the Loan

Loan Amount: $800.00
Loan Use: Warehouse renting and Second hand clothing bales purchasing
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 6, 2006
Date Disbursed: Nov 20, 2006
Date Funded:Nov 6, 2006
Loan Ended:Nov 15, 2007

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:United States Dollars (USD)



Single and mother of 2 children from different fathers, Miss AGLE is an unmarried mother who is very dynamic, but who has not had the chance to find a good husband. For a very long time, her older brother took care of her in Lomé and her children were living far away from her: one with her grandmother in the village and the second one was with her in-laws in very poor conditions.



Worried about taking care of herself and providing education for her children, Miss AGLE has started working as a house girl in order to get the working capital she needs to start small income generating activities.



Such a second hand Clothings trade allows her to do the following:


* Create her own job and to improve progressively her socio-economic living conditions


* Decrease the alienation she feels with her senior brother through her self sufficiency


* Contribute to her children\'s education and well-being.



The project exists to strengthen the second hand clothing trade which could be very profitable to Miss Seli Ablavi AGLE if she is successful buying the bales as a whole, instead of in retail. Buying the bales in retail requires having more consistent funds, and she does not have this luxury.



Furthermore, she forecasts expanding her activities to the cereals trade by buying and storing the agriculture products in abundance and reselling them for a profit. The project perfect implemention will allow her to improve her business\' profitability and grow her income enough to take care of her children\'s educational needs.



The credit of $800 will serve to rent a small shop and will allow her to have at her disposal suitable goodwill to strengthen her businesses. Currently, such a project deserves to be supported with the goal to help blossom businesses run by women in difficult economic situations.

Français



Célibataire et mère de 2 enfants de différents pères, Mlle AGLE Abla Féli est une fille mère très dynamique mais n’a pas eu la chance de tomber sur un bon mari pour créer un foyer. Elle est restée très longtemps à la charge de son grand frère à Lomé et les enfants sont éparpillés chez les proches parents dans des conditions pitoyables.
Soucieuse de se prendre en charge et de s’occuper de l’éducation de ses enfants, Mlle AGLE a exercé le job de domestique pour se faire un capital pour débuter une petite activité génératrice de revenus. Ce commerce exercé lui a permis, entre autres de : se créer un emploi et d’améliorer progressivement ses conditions de vie socio-économique - Réduire sa dépendance vis-à-vis de son grand frère par son auto prise en charge - Contribuer à la scolarisation et au mieux-être de ses enfants ;
Le projet consiste à renforcer le commerce de friperies qui pouvait être très rentable à Mlle AGLE Ablavi Séli si elle arrivait à acheter elle-même en gros les balles au lieu du détail, ce qui nécessite des moyens financiers plus consistants qu’elle ne dispose pas actuellement. Par ailleurs, elle prévoit étendre ses activités au commerce de céréales en achetant et stockant les produits agricoles en période d’abondance pour les revendre en période de soudure. La parfaite réalisation de projet lui permettra d’améliorer la rentabilité de ses affaires et d’accroître ses revenus en vue de prendre entièrement en charge l’éducation de ses enfants et subvenir à ses besoins.



Le crédit de $ 800 sollicité servira à louer un petit magasin et lui permettra de disposer d’un fonds de commerce adéquat pour renforcer ses affaires. Aujourd’hui, un tel projet mérite d’être soutenu en vue de l’épanouissement de cette jeune femme en situation économique difficile.


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Journal entries for Ablavi Séli Agle


Loan has been disbursed
 
Entrepreneur: Ablavi Séli Agle
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Ablavi Séli AGLE by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 12 - 12 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Joseph Kossi Akogo from Lomé, Togo
Nov 15, 2006
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Ablavi Séli Agle
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Ablavi Séli AGLE by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 12 - 12 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Joseph Kossi Akogo from Lomé, Togo
Nov 15, 2006
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Ablavi Séli Agle
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Ablavi Séli AGLE by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 12 - 12 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Joseph Kossi Akogo from Lomé, Togo
Nov 15, 2006
Comments (3)

Rapport de suivi
 
Entrepreneur: Ablavi Séli Agle
Location: Lomé, Togo

Projet : n° 1467

CONGRATULATION

séli Ablavi AGLE thanks sincerely KIVA and all those who have contributed to her project funding which allows her today to increase her activities and automatically her incomes to her proper living conditions improvement and those of her family. May Almighty and Merciful God bless you, and rendered it to you everlastingly!!!

The credit is repaying normally and without any incident at this moment.

RAPPORT D'ACTIVITES

Madame AGLE Ablavi Séli a bénéficié d’un crédit de $800 pour l’achat et la vente de friperies. Ce crédit lui a permit de diversifier son activité. Au début, elle vendait presque exclusivement des draps de lit. Aujourd’hui avec ce crédit, elle a ajouté à cette première marchandise la vente des tapis et des serviettes qui lui rapportent assez bien car les remboursements se font déjà sans difficulté.


Posted by Joseph Kossi Akogo from Lomé, Togo
Feb 24, 2007
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Kiva Help Repayment Schedule for Ablavi Séli Agle

  Expected Repayments Actual Repayments Comments
February 2007 $66.67 $67.00 Repayment Received
March 2007 $66.67 $134.00 Repayment Received
April 2007 $66.67 $0.00 Repayment Received
May 2007 $66.67 $67.00 Repayment Received
June 2007 $66.67 $0.00 Repayment Received
July 2007 $66.67 $134.00 Repayment Received
August 2007 $66.67 $67.00 Repayment Received
September 2007 $66.67 $67.00 Repayment Received
October 2007 $66.67 $67.00 Repayment Received
November 2007 $66.67 $67.00 Repayment Received
December 2007 $66.67 $67.00 Repayment Received
January 2008 $66.63 $63.00 Repayment Received