Sabouratou Owatunde

Status: Paying Back

$925
Loan Request
Pre-Disbursed : Nov 3, 2009
Listed: Nov 3, 2009
Funded: Nov 9, 2009
7% repaid

About the Country

Country:Togo
Avg Annual Income:$1,700
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:443.7933 XOF = 1 USD


About the Loan

Location: Agoe, Togo   Repayment Term: 14 months
(more info)
Activity: Personal Housing Expenses   Repayment Schedule: Monthly
Loan Use: To buy toilet fixtures and various other items for resale   Currency Exchange Loss: Possible
      Default Protection: Covered
This lady specializes in the sale of construction materials. She began this business in 2001 in the Avédjie area of Lomé; she has mastered this field of business perfectly, which allows her to meet the majority of her needs. She has rented a place in which she stocks her merchandise. She has developed good relations with many construction site managers who come to her to obtain their supplies. To establish new stocks of merchandise, she is currently seeking a loan through WAGES (one of Kiva's field partners) to buy 4 toilet fixtures as well as several other essential items. She is unmarried and has no children in her care.

Translated from French by Vilas Menon, Kiva Volunteer


Cette dame s’est spécialisée dans la vente de matériaux de construction. Elle a débuté cette activité depuis 2001 dans le quartier d’Avédjie à Lomé ; elle connaît parfaitement son secteur d’activité, ce qui lui permet de subvenir à la plupart de ses besoins. Elle a loué un local dans lequel elle stocke ses marchandises. Elle a tissé de bonnes relations avec beaucoup de chefs chantiers qui viennent s’approvisionner chez lui. Pour disposer de nouveaux stocks, elle sollicite en ce moment un crédit de WAGES pour acheter 04 WC ainsi que plusieurs autres articles essentiels. Elle n’est pas mariée et n’a aucun enfant à sa charge.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Sabouratou Owatunde


Loan has been disbursed
 
Entrepreneur: Sabouratou Owatunde
Location: Agoe, Togo

Thank you for your loan. It has been disbursed to Sabouratou OWATUNDE 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 Agoe, Togo
Nov 10, 2009
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Kiva Help Repayment Schedule for Sabouratou Owatunde

  Expected Repayments Actual Repayments Comments
February 2010 $70.93 $70.93 Repayment Received
March 2010 $71.99 Available Mar 1  
April 2010 $73.07 Available Apr 1  
May 2010 $74.17 Available May 1  
June 2010 $75.29 Available Jun 1  
July 2010 $76.41 Available Jul 1  
August 2010 $77.55 Available Aug 1  
September 2010 $78.72 Available Sep 1  
October 2010 $79.90 Available Oct 1  
November 2010 $81.10 Available Nov 1  
December 2010 $82.32 Available Dec 1  
January 2011 $83.55 Available Jan 1