Wobolo Adegnon


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Wobolo Adegnon
Location: Tabligbo, Togo
Activity: Food Production/Sales

About the Loan

Loan Amount: $800.00
Loan Use: to buy wheat flour, salt, sugar, brewer’s yeast and have a permanent stock
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 15, 2006
Date Disbursed: Nov 30, 2006
Date Funded:Nov 16, 2006
Loan Ended:Jul 23, 2007

About the Country

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



Madam Wobolo ADEGNON was born in 1972 at Tsèkpo in the district of Yoto. Married and mother of six (06) children, she lived in an incredible poverty, because of the carelessness of an irresponsible husband who spends most of his time in drinking alcohol. Basic household expenses have become a true burden to the wife who struggles everyday. As a qualified, very dynamic, courageous and hard-working baker, she had $ 150 as credit and begun her activity of salted and sugared bread which is very appreciated in the local population and inhabitants of neighboring villages. She had three credits of $200, $ 350 and $ 550 respectively; which she paid back without any problem. Now, she has more than eleven (11) apprentice-bakers from different regions to acquire her expertise. The development of her business shows that she needs more financing.

To satisfy more and more needs of bread, Madam ADEGNON would like to have a credit of $ 800 which will help her buy: wheat flour, salt, sugar, brewer’s yeast and have a permanent stock; it will also help her increase her production and her income in order to better meet her basic needs and take care of her children at school.



Madame ADEGNON Wobolo est née en 1972 à Tsèkpo dans la préfecture de Yoto. Mariée et mère de six (06) enfants, elle a vécu dans une misère indescriptible à cause de la négligence d’un mari irresponsable qui passe l’essentiel de son temps à boire de l’alcool. Les charges du ménage sont devenus un véritable poids pour la femme qui se bat au quotidien. Boulangère de formation, très dynamique, courageuse et assidue au travail, elle a bénéficié de $150 comme crédit et commença son activité de fabrication de pain salé et sucré très apprécié par la population locale et les habitants des villages environnants. Elle a bénéficié par la suite de trois crédits respectifs de $ 200, $350 et $ 550 qu’elle avait bien remboursé sans incident. Aujourd’hui, elle a plus de onze (11) apprenties boulangères venues de différentes régions pour acquérir son savoir-faire. Vu le développement de son affaire, elle a besoin des financements plus consitants.

Aussi, pour satisfaire les demandes de pain de plus en plus croissantes, Madame ADEGNON sollicite-t-elle un crédit d’un montant de $800 qui servira à l’achat des intrants (farine de blé, sel, sucre, levure de bière) pour assurer un stock permanent. Cela lui permettra d’augmenter sa production et par conséquent ses revenus afin d’améliorer ses besoins élémentaires et de s’occuper de la scolarisation de ses enfants.


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Journal entries for Wobolo Adegnon


Loan has been disbursed
 
Entrepreneur: Wobolo Adegnon
Location: Tabligbo, Togo

Thank you for your loan. It has been disbursed to Wobolo ADEGNON by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 8 - 10 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tabligbo, Togo
Nov 23, 2006
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Kiva Help Repayment Schedule for Wobolo Adegnon

  Expected Repayments Actual Repayments Comments
February 2007 $100.00 $100.00 Repayment Received
March 2007 $100.00 $200.00 Repayment Received
April 2007 $100.00 $0.00 Repayment Received
May 2007 $100.00 $0.00 Repayment Received
June 2007 $100.00 $200.00 Repayment Received
July 2007 $100.00 $0.00 Repayment Received
August 2007 $100.00 $200.00 Repayment Received
September 2007 $100.00 $100.00 Repayment Received