Yakoubou Fousseni


Status: Paid Back

$1,100.00   Loan Request
$1,100.00   Paid Back

About the Entrepreneur

Name: Yakoubou Fousseni
Location: Adéta, Togo
Activity: Recycling

About the Loan

Loan Amount: $1,100.00
Loan Use: To purchase another motorcycle to repair and sell.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 2, 2008
Date Disbursed: May 16, 2008
Date Funded:May 2, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:417.5150 XOF = 1 USD



Yakoubou Fousseni is 28 years old, married and the father of one. He lives and works in Adéta, Togo, a town located about 150 kilometers from the capital. To earn a living, Yakoubou purchases used motorcycles to repair and sell. The majority of people in this area do not own a car, and so, many people use motorcycles to get around because they are less expensive and easier to maintain. Motorcycle maintenance is a profitable enterprise because it is a service that is always in demand. With this loan, his second with FECECAV, Yakoubou would like to purchase another motorcycle to repair and sell. With the profit he will see, Mr. Fousseni would like to improve the standard of living of his wife and child.

Translated from French to English by Kiva Volunteer, Kristin Connor.



Yakoubou Fousseni est âgé de 28 ans marié et pére d’un enfant. Il habite et travaille à Adéta, Togo, une ville située à environ 150 kilomitres de la capitale. Pour gagner de l’argent, Yakoubou achète les motos usées pour les réparer et les revendre. La majorité des personnes ici ne possède pas de voiture, donc beaucoup de gens utilisent les motos pour déménager parce qu’ils sont moins chers et plus faciles à maintenir. La maintenance des motos est une entreprise bien profitable parce que le service est toujours demandé. Avec ce crédit, son deuxième de FECECAV, Yakoubou désire acheter une autre moto pour réparer et revendre. Par les profits qu’il va gagner, Monsieur Fousseni va améliorer la qualité la vie de sa femme et de son enfant.


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Lenders to this entrepreneur

Cedric
Les Angles,
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Anonymous
Highland Lakes, NJ
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Zachary
Chickaloon, AK
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Samuel
Michigan City, IN
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Anonymous
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Christy & Ian
Indianapolis, IN
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Dave and Marce
Los Angeles, CA
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Sascha
Hechtel-Eksel,
Belgium

meena
san gabriel, CA
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Michael
Provo, UT
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Anonymous
Kalamazoo, MI
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Anonymous
Ann Arbor, MI
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James
Grand Bay, AL
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Gary
Voorheesville, NY
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Anonymous
Cambridge, MA
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Kristin
New York, NY
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Chris & Tracy
Shakopee, MN
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Janice/Marguerite
Flanders, NJ
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Katy
San Francisco, CA
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Debi
Denver, CO
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Megan and Ryan
New York, NY
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Barbara
Perkins, OK
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Ada
San Francisco, CA
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Andrew
Toronto, Ontario
Canada

Curt
Kirkland, WA
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Nicholas
Amesbury, MA
United States

Duncan
Honolulu, HI
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Manu Bangia
New York, NY
United States

Chris
FPO, AE
United States

jeffrey
malibu, CA
United States

Gianni
Vigliano Biellese, BI
Italy

Anonymous
Austin, TX
United States

Kay
Columbia, MD KivaFriends.org
United States

Gregg
Vero Beach, FL
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Kevin & Tiffany
North Hollywood, CA
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Journal entries for Yakoubou Fousseni


Loan has been disbursed
 
Entrepreneur: Yakoubou Fousseni
Location: Adéta, Togo

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


Posted by from Adéta, Togo
May 17, 2008
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Kiva Help Repayment Schedule for Yakoubou Fousseni

  Expected Repayments Actual Repayments Comments
August 2008 $91.67 $92.00 Repayment Received
September 2008 $91.67 $92.00 Repayment Received
October 2008 $91.67 $92.00 Repayment Received
November 2008 $91.67 $92.00 Repayment Received
December 2008 $91.67 $92.00 Repayment Received
January 2009 $91.67 $90.00 Repayment Received
February 2009 $91.67 $91.67 Repayment Received
March 2009 $91.67 $91.67 Repayment Received
April 2009 $91.67 $91.67 Repayment Received
May 2009 $91.67 $91.67 Repayment Received
June 2009 $91.67 $91.66 Repayment Received
July 2009 $91.63 $91.66 Repayment Received