Godwin Agada


Status: Paying Back

$1,050.00   Loan Amount
75% repaid

About the Entrepreneur

Name: Godwin Agada
Location: Danyi, Togo
Activity: Spare Parts

About the Loan

Loan Amount: $1,050.00
Loan Use: To purchase and resale spare parts for cars and motorcycles
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 16, 2008
Date Disbursed: Jan 5, 2009
Date Funded:Dec 22, 2008

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:482.3213 XOF = 1 USD



Godwin Agada is 38 years old, married and the father of 2 children. He manages a spare parts store in Apéyémé, an inland town in Togo, located on the Danye plateau, 175 kilometers from Lomé - the capital-. Even if, nowadays, businesses experience hardships, MR. GASSOU does not complain too much because the year has been good for him. He has already made good sales figures. With this second FECECAV loan, he wishes to increase the size of his activity which will insure a good profit margin. This way, he will contribute to the improvement of his family's living conditions.




Translated from French by Véronique Fourment, Kiva Volunteer


Godwin Agada est âgé de 38 ans, marié et père de 2 enfants. Il gère un magasin de pièces détachées à Danyi à 175 kilomètres de Lomé, la capitale. Même si les entreprises connaissent des difficultés aujourd’hui, Mr Godwin ne se plaint pas trop car l’année est bonne pour lui où il a réalisé déjà de grands chiffres d’affaires. Il souhaite par ce deuxième crédit de FECECAV accroître la taille de son activité ce qui lui assurera une bonne marge à la revente. Ce faisant il contribuera à l’amélioration des conditions de vie de sa famille.

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Journal entries for Godwin Agada


Loan has been disbursed
 
Entrepreneur: Godwin Agada
Location: Danyi, Togo

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


Posted by from Danyi, Togo
Jan 6, 2009
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Kiva Help Repayment Schedule for Godwin Agada

  Expected Repayments Actual Repayments Comments
April 2009 $87.50 $87.50 Repayment Received
May 2009 $87.50 $87.50 Repayment Received
June 2009 $87.50 $87.50 Repayment Received
July 2009 $87.50 $87.50 Repayment Received
August 2009 $87.50 $87.50 Repayment Received
September 2009 $87.50 $87.50 Repayment Received
October 2009 $87.50 $87.50 Repayment Received
November 2009 $87.50 $87.50 Repayment Received
December 2009 $87.50 $87.50 Repayment Received
January 2010 $87.50 Available Jan 1  
February 2010 $87.50 Available Feb 1  
March 2010 $87.50 Available Mar 1