Komla Kavege


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Komla Kavege
Location: Lomé, Togo
Activity: Spare Parts

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchase of spare parts for re-sale

Approvissionnement et vente de pieces détachées

Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 28, 2007
Date Disbursed: Jan 11, 2008
Date Funded:Dec 28, 2007
Loan Ended:Feb 15, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:448.9176 XOF = 1 USD



Mr. Komla Kavege, born on October 22, 1974 in Lomé, is married and the father of three children. After he was obliged to leave school because his parents could not afford to pay school fees, he set up a little shop where he sells motorcycle spare parts. He is presently asking for a loan in the amount of US$ 1000 so that he can pay cash up front to purchase spare parts for his inventory, especially those frequently needed by his customers.

It will be much better if he does not have to purchase on credit the spare parts he resells and if he has a complete inventory of parts at any given time. In this way, he can improve the service he gives his clientele as well as improving living conditions for his family by earning a better profit from his business.

Translated from French
by Teresa Kramer, Kiva volunteer

Né le 22 Octobre 1974 à Lomé, Monsieur KAVEGE Komla est marié et père de trois (3) enfants. Il installa un petit comptoir de vente de pièces détachées moto après avoir déserté les bancs faute de moyens financiers de ses parents. A travers ce projet, il sollicite un prêt de $1000 pour lui servir de s’approvisionner en stock suffisant et au comptant d’autres pièces qui sont souvent demandées par les clients.

Ceci lui facilitera de ne plus acheter à crédit et aussi d’avoir un stock permanent à tout moment afin de mieux servir sa clientèle et aussi favoriser une condition meilleure de vie au sein de sa famille.


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Lenders to this entrepreneur

nancy
williamsport, pa
United States

Blair
Victoria, British Columbia
Canada

Albert
White Bear Lake, MN
United States

Diane R
KivaFriends.org, Santa Clara, CA
United States

Victoria
Coram, NY
United States

Amy
Richardson, TX
United States

Robert
Salmon, ID
United States

Jim
eatonville, WA
United States

Angela & David
Woodbridge, Virginia
United States

one
North Providence, RI
United States

Phil
Bishops Frome, Worcestershire

eric
Burlington, Vermont
United States

Schier family
Chemnitz,
Germany

Ben

Anonymous

Anthony
Wilbraham, MA
United States

KERRY
AUBURN, WASHINGTON
United States

Tracy
Bellefonte, PA
United States

Chris
Salt Lake City, Ut
United States

David
Mohegan Lake, NY
United States

Laurie
Ames, IA
United States

Bernie
Cresco, PA
United States

Paul, Carla & Nicholas
Montreal, Quebec
Canada

P. Weber
Longmont, CO
United States



Journal entries for Komla Kavege


Loan has been disbursed
 
Entrepreneur: Komla Kavege
Location: Lomé, Togo

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


Posted by from Lomé, Togo
Jan 11, 2008
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Kiva Help Repayment Schedule for Komla Kavege

  Expected Repayments Actual Repayments Comments
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $84.00 Repayment Received
January 2009 $83.33 $77.33 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.37 $83.34 Repayment Received