Kossi Hafoda


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Kossi Hafoda
Location: Lomé, Togo
Activity: Agriculture

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy a motorized pump and an automatic irrigation system
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 6, 2007
Date Disbursed: Mar 21, 2007
Date Funded:Mar 7, 2007
Loan Ended:Mar 8, 2008

About the Country

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



Kossi HAFODA is 43, monogamous, and the father of eight. He is also responsible for three others. He embraced his main business of agriculture after finishing grade school. It's a difficult way to make a living because of the rudimentary level of farming and especially because of the problem with water. Due to the rarity of rain, seven months out of twelve are months of shortages.


To solve his problems, particularly with regards to growing vegetables such as peppers and tomatoes, he often turns to renting motorized pumps. To be able to operate completely independently and with the means to do so, he is requesting a loan of $1,000 to be repaid in 12 months. The loan would be for acquiring his own motorized pump and an automatic irrigation system.

Translated from French by Daniel Kuey, Kiva Volunteer



Monogame, HAFODA Kossi, âgé de 43 ans, est père de huit (08) enfants et de trois (03) autres personnes à sa charge. Il a pour activité principale l’agriculture qu’il a embrassée après ses études primaires. Ce métier est très difficile pour son caractère rudimentaire et surtout à cause du problème d’eau. Sept mois sur douze sont des mois de soudure à cause de la rareté de la pluie en ces périodes.


Pour s’en sortir surtout avec la culture des légumineuses tels que les piments et les tomates, il a souvent recours à la location des motos pompes.
Pour travailler en toute indépendance et avec plus de moyens, il sollicite aujourd’hui un crédit de $1000 à rembourser en 12 mois pour s’acheter une moto pompe et un système d’arrosage automatique.


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Lenders to this entrepreneur

Michel
Brest, Bretagne
France

Eve_Rosalinn
Camarillo, CA
Ireland

Edge High School
Tucson, AZ
United States

Kay
Columbia, MD KivaFriends.org
United States

Ryan
Grand Rapids, MI
United States

Laurent D
Brussels,
Belgium



Journal entries for Kossi Hafoda


Loan has been disbursed
 
Entrepreneur: Kossi Hafoda
Location: Lomé, Togo

Thank you for your loan. It has been disbursed to Kossi HAFODA by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 12 - 15 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Joseph Kossi Akogo from Lomé, Togo
Mar 8, 2007
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Kiva Help Repayment Schedule for Kossi Hafoda

  Expected Repayments Actual Repayments Comments
June 2007 $83.33 $0.00 Repayment Received
July 2007 $83.33 $168.00 Repayment Received
August 2007 $83.33 $84.00 Repayment Received
September 2007 $83.33 $84.00 Repayment Received
October 2007 $83.33 $84.00 Repayment Received
November 2007 $83.33 $84.00 Repayment Received
December 2007 $83.33 $84.00 Repayment Received
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.37 $76.00 Repayment Received