Josiane Lue


Status: Refunded

$1,100.00   Loan Request

About the Entrepreneur

Name: Josiane Lue
Location: Yopougon, Cote D'Ivoire
Activity: Food Market

About the Loan

Loan Amount: $1,100.00
Loan Use: she needs the loan to purchase goods
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 11, 2008
Date Disbursed: Jan 26, 2008
Date Funded:Jan 12, 2008
Refund Date:Feb 12, 2008

About the Country

Country:Cote D'Ivoire
Avg Annual Income:$1,600.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:443.2302 XOF = 1 USD



Lue Josianne is a married woman with one child. Her husband is working in a printing factory. His revenue is not enough to cover the household expenses. Lue Josianne has, therefore, been selling spices for 6 years. She uses the income from her business to help her husband. She sells various exotic spices such as pounded groundnut. She lives with her husband and her child in Yopougon, in Sideci, a suburb in the north Abidjan district. She needs the loan to purchase goods in bulk in order to make more profit.

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Journal entries for Josiane Lue


Loan has been disbursed
 
Entrepreneur: Josiane Lue
Location: Yopougon, Cote D'Ivoire

Thank you for your loan. It has been disbursed to Josiane Lue by Afrique Emergence & Investissements in Cote D'Ivoire. We are excited to watch this business grow. Over the next 15 months, Afrique Emergence & Investissements will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Yopougon, Cote D'Ivoire
Jan 26, 2008
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Loan Refunded
 
Entrepreneur: Josiane Lue
Location: Yopougon, Cote D'Ivoire

This loan has been refunded for the following reason:

This business was unfortunately posted with the incorrect loan amount and loan term.


Posted by Shelby Clark from Yopougon, Cote D'Ivoire
Feb 12, 2008
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Update on Josiane Lue and AE&I
 
Entrepreneur: Josiane Lue
Location: Yopougon, Cote D'Ivoire

Dear Lender,

This is an update on your loan to Josiane Lue in Côte d’Ivoire.

Before providing more information about this entrepreneur, we want to let you know that Kiva has terminated its partnership with the Field Partner Afrique Emergence & Investissements (AE&I), who managed this loan. Kiva has collected all outstanding funds, relating to this loan, from AE&I. To learn more about why Kiva has terminated this partnership, visit AE&I’s Field Partner page at: http://www.kiva.org/about/aboutPartner?id=53.

Please read the journal written by Kiva Fellow Megan Berwick for more information about the entrepreneur that you supported.

According to the Loan Officer, this client contributed to a savings account, but never received a loan. I visited her place of business but Josiane Lue was not present on the day of visit.

Thank you for helping to change the lives of borrowers around the world with Kiva.

Sincerely,

The Kiva Team


Posted by Parth Shah, Kiva Staff, from San Francisco, United States
Jul 9, 2008
Comment on this entry

Kiva Help Repayment Schedule for Josiane Lue

  Expected Repayments Actual Repayments Comments
April 2008 $73.33 $0.00 Repayment Received
May 2008 $73.34 $0.00 Repayment Received
June 2008 $73.33 $0.00 Repayment Received
July 2008 $73.33 $0.00 Repayment Received
August 2008 $73.34 $0.00 Repayment Received
September 2008 $73.33 $0.00 Repayment Received
October 2008 $73.33 $0.00 Repayment Received
November 2008 $73.34 $0.00 Repayment Received
December 2008 $73.33 $0.00 Repayment Received
January 2009 $73.33 $0.00 Repayment Received
February 2009 $73.34 $0.00 Repayment Received
March 2009 $73.33 $0.00 Repayment Received
April 2009 $73.33 $0.00 Repayment Received
May 2009 $73.34 $0.00 Repayment Received
June 2009 $73.33 $0.00 Delinquent