Flora Messan


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Flora Messan
Location: Aného, Togo
Activity: Cereals

About the Loan

Loan Amount: $850.00
Loan Use: To buy a new freezer for the wholesale of frozen goods
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 4, 2007
Date Disbursed: Feb 20, 2007
Date Funded:Feb 6, 2007
Loan Ended:Apr 8, 2008

About the Country

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



Mrs Flora MESSAN was born in 1972 in Aného. She is married and mother of a boy. Her husband is a teacher with a very low income. Daily life in this family is very difficult because the sources of income are not reliable. Having noticed that frozen goods are unavailable in her district, Mrs MESSAN surveyed people in the area to assess their need for these goods. Thanks to her first credit of $400, she managed to buy a freezer and began selling frozen products. This activity quickly became sucessful since Mrs MESSAN is the only business selling these products in the vicinity. Dynamic and honest, she already refunded her first credit. However, her product supply does not meet the demand. To improve her business in this regard, she is asking for a credit of $850 to be able to buy a new freezer for the wholesale of the frozen products. The success of this business will relieve her family's grave situation.

Translated from French by Ivana Kostic, Kiva Volunteer.



Madame MESSAN Flora est née en 1972 à Aného. Elle est mariée et mère d’un garçon. Son époux est un instituteur qui n’a qu’un revenu minable. La vie au quotidien dans cette famille est très difficile car les sources de revenu ne sont pas fiables. Madame MESSAN ayant remarqué le manque de boutique d’approvisionnement en produits congelés dans son quartier a fait un sondage pour avoir une idée sur l’importance de la demande. C’est ainsi que grâce à son premier crédit de $400, elle parvient à acquérir un congélateur et commence un commerce de produits congelés. Cette activité prend vite une grande ampleur car Madame MESSAN est la seule commerçante de ces produits dans sa localité. Dynamique et honnête, elle a déjà remboursé sans aucun incident son premier crédit. La demande étant devenu très forte, son capital ne lui permet plus de satisfaire tous ses clients. Pour renforcer son activité, elle sollicite un crédit de $850 pour pouvoir acquérir un nouveau congélateur pour la vente en quantité des produits congelés. Le succès de cette activité soulagera la misère dans la famille de Madame MESSAN


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Journal entries for Flora Messan


Loan has been disbursed
 
Entrepreneur: Flora Messan
Location: Aného, Togo

Thank you for your loan. It has been disbursed to Flora MESSAN by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 14 - 16 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Delanyo Kokou Dakou from Aného, Togo
Feb 8, 2007
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Kiva Help Repayment Schedule for Flora Messan

  Expected Repayments Actual Repayments Comments
May 2007 $60.71 $0.00 Repayment Received
June 2007 $60.71 $122.00 Repayment Received
July 2007 $60.71 $0.00 Repayment Received
August 2007 $60.71 $122.00 Repayment Received
September 2007 $60.71 $61.00 Repayment Received
October 2007 $60.71 $61.00 Repayment Received
November 2007 $60.71 $61.00 Repayment Received
December 2007 $60.71 $61.00 Repayment Received
January 2008 $60.71 $61.00 Repayment Received
February 2008 $60.71 $61.00 Repayment Received
March 2008 $60.71 $61.00 Repayment Received
April 2008 $60.71 $61.00 Repayment Received
May 2008 $60.71 $61.00 Repayment Received
June 2008 $60.77 $57.00 Repayment Received