Abla Tchegnon


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Abla Tchegnon
Location: Afagnan, Togo
Activity: Cereals

About the Loan

Loan Amount: $850.00
Loan Use: Buying, storing, and reselling corn
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 9, 2007
Date Disbursed: Feb 24, 2007
Date Funded:Feb 10, 2007
Loan Ended:Apr 13, 2008

About the Country

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



Married and the mother of seven (7) children, Mrs. Abla Tchegnon sells corn in her community. She is very dynamic, and stands out through her honesty and courage. Her business allows her to make a very large contribution to the household expenses; her husband, a retired teacher, cannot cover all of these expenses on his retirement pension. Mrs. Tchegnon, who has a gift for managing her business with exemplary precision, was able to pay back her first credit without any difficulties. Now she is seeking to improve her business by increasing her stock of corn during periods when it is abundant and reselling it when it is in short supply. This new project requires more resources than Mrs. Tchegnon currently has. To achieve her goal, she is asking for a credit of $850 that will serve as capital to buy, store, and resell corn. The profit on the sales will help her to better meet the expenses of her household and acheive financial independence.

Translated from French by Lisa Molle, Kiva Volunteer.



Mariée et mère de sept (7) enfants, Madame TCHEGNON Abla est une femme commerçante de maïs dans sa localité. Très dynamique, elle s’est fait remarquer par son honnêteté et son courage. A partir de son activité, elle contribue énormément aux charges de son ménage. Son mari, enseignant à la retraite n’arrive pas à couvrir la totalité des besoins avec sa pension de retraite. Douée d’une rigueur exemplaire dans la gestion de ses activités, elle a pu solder son premier crédit sans incident. Aujourd’hui, elle cherche à améliorer son commerce par l’agrandissement du stock de maïs en période d’abondance et le revendre en temps de pénurie. Ce nouveau projet nécessite assez de moyens dont ne dispose pas Madame TCHEGNON aujourd’hui. Elle sollicite pour ce faire un crédit de $850 qui va lui servir de fonds de commerce pour l’achat, le stockage et la revente du maïs. Le bénéfice de la vente lui permettra de mieux couvrir les dépenses de son foyer et avoir une autonomie financière.



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Journal entries for Abla Tchegnon


Loan has been disbursed
 
Entrepreneur: Abla Tchegnon
Location: Afagnan, Togo

Thank you for your loan. It has been disbursed to Abla TCHEGNON 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 Afagnan, Togo
Feb 13, 2007
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Kiva Help Repayment Schedule for Abla Tchegnon

  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