Amélé Abassah


Status: Paying Back

$700.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Amélé Abassah
Location: Lomé, Togo
Activity: Cloth & Dressmaking Supplies

About the Loan

Loan Amount: $700.00
Loan Use: To buy quality printed fabric and plastic dishes
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Oct 30, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:441.9468 XOF = 1 USD



This lady has run a profitable business selling quality printed cloth since 1999. She is married to a building electrician and the couple have 2 children to look after. She also sells plastic dishes. Thanks to these two businesses she is able to pay her share of the housekeeping costs. In addition to these businesses, this lady has also learnt dressmaking and has opened a dressmaking workshop in the Agoè quarter in Lomé. She runs her business in the Agoè market. Now she would like to renew her stock, which is why she is asking for a loan from WAGES, to buy 25 lengths of Dutch Wax printed cloth, 15 lengths of Hitarget and 10 of Soso. The loan will also allow her to buy some plastic dishes.

Translated from French by Lara Francis, Kiva Volunteer


Cette dame exerce comma activité de revenu depuis 1999 la vente de pagnes de qualité ; elle est mariée à un électricien bâtiment et le couple a 02 enfants à sa charge. Elle vend également des plats en plastique. Grâce à ces deux activités, elle arrive à apporter sa contribution financière dans la gestion du foyer. En plus de ces activités, cette femme a aussi appris la couture et a même ouvert son atelier de couture dans le quartier d’Agoè à Lomé. Toutefois, elle exerce son commerce dans le marché d’Agoè. En ce moment elle voudrait renouveler son stock ; c’est pour cela qu’elle sollicite un crédit de WAGES pour acheter 25 pagnes Wax Hollandais, 15 pagnes Hitarget et 10 pagnes Soso ; le prêt lui permettra également d’acheter certains plats en plastique.

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Journal entries for Amélé Abassah


Loan has been disbursed
 
Entrepreneur: Amélé Abassah
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Amélé ABASSAH by Women and Associations for Gain both Economic and Social (WAGES) in Togo. We are excited to watch this business grow. Over the 14 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
Nov 4, 2009
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Kiva Help Repayment Schedule for Amélé Abassah

  Expected Repayments Actual Repayments Comments
January 2010 $41.96 Available Jan 1  
February 2010 $42.59 Available Feb 1  
March 2010 $43.23 Available Mar 1  
April 2010 $43.88 Available Apr 1  
May 2010 $44.53 Available May 1  
June 2010 $45.21 Available Jun 1  
July 2010 $45.88 Available Jul 1  
August 2010 $46.57 Available Aug 1  
September 2010 $47.27 Available Sep 1  
October 2010 $47.98 Available Oct 1  
November 2010 $48.70 Available Nov 1  
December 2010 $49.42 Available Dec 1  
January 2011 $50.17 Available Jan 1  
February 2011 $50.92 Available Feb 1  
March 2011 $51.69 Available Mar 1