Yao Akagbe


Status: Paid Back

$1,125.00   Loan Request
$1,125.00   Paid Back

About the Entrepreneur

Name: Yao Akagbe
Location: Assahoun, Togo
Activity: Cafe

About the Loan

Loan Amount: $1,125.00
Loan Use: To fix up his café to attract a much larger clientele and also open a new café for his younger brother
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 12, 2008
Date Disbursed: Jul 29, 2008
Date Funded:Jul 15, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:417.9600 XOF = 1 USD



Yao Akagbe is 29 years old, married, with two children. He has a café in Assahoun, a village located about 50 kilometers from Lomé, the capital of Togo. With this second loan from FECECAV (Kiva Field Partner), he wants to fix up his café to attract a much larger clientele and also open a new café for his younger brother. By doing this he is contributing to the improvement in living standards of his family and also his community.

Translated from French by Alison Dent, Kiva volunteer.



Yao Akagbe est âgé de 29 ans, marié et père de 2 enfants. Il tient une cafétéria à Assahoun, un village situé à environ 50 kilomètres de Lomé, la capitale togolaise. Il souhaite par ce second crédit de FECECAV aménager sa cafétéria pour attirer beaucoup plus de clientèle et aussi ouvrir une nouvelle cafétéria pour son petit frère. Ce faisant il contribue à l’amélioration des conditions de vie de a famille et aussi de sa communauté.


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Journal entries for Yao Akagbe


Loan has been disbursed
 
Entrepreneur: Yao Akagbe
Location: Assahoun, Togo

Thank you for your loan. It has been disbursed to Yao Akagbe 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 Assahoun, Togo
Jul 29, 2008
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Kiva Help Repayment Schedule for Yao Akagbe

  Expected Repayments Actual Repayments Comments
October 2008 $93.75 $94.00 Repayment Received
November 2008 $93.75 $94.00 Repayment Received
December 2008 $93.75 $94.00 Repayment Received
January 2009 $93.75 $93.00 Repayment Received
February 2009 $93.75 $93.75 Repayment Received
March 2009 $93.75 $93.75 Repayment Received
April 2009 $93.75 $93.75 Repayment Received
May 2009 $93.75 $93.75 Repayment Received
June 2009 $93.75 $93.74 Repayment Received
July 2009 $93.75 $93.75 Repayment Received
August 2009 $93.75 $93.75 Repayment Received
September 2009 $93.75 $93.76 Repayment Received