Soedinou Alogavi


Status: Paying Back

$1,200.00   Loan Amount
78% repaid

About the Entrepreneur

Name: Soedinou Alogavi
Location: Aného, Togo
Activity: Construction Supplies

About the Loan

Loan Amount: $1,200.00
Loan Use: to buy and sell planks
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 18, 2008
Date Disbursed: Nov 2, 2008
Date Funded:Oct 19, 2008

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:488.2642 XOF = 1 USD



Born in Agbodrafo in 1974, Mr. Soedinou Alogavi is a married father of three. He quit school very early, because his parents weren’t able to pay for his schooling. He learned woodworking, which has been his livelihood.

He is no longer able to provide for the essential needs of his growing family. The business of selling planks is currently strong, and he has decided to get into this business to be able to join the two ends.

He seeks this loan to buy and sell planks. This will certainly allow him to improve the conditions of his family’s life.

Translated from French by Sherry W., Kiva Volunteer


Né à Agbodrafo en 1974 Mr ALOGAVI Soedinou est marié et père de 03 enfants. Il a quitté très tôt les bancs de l’école car ses parents ne pouvaient plus supporter les frais de l’écolage. Le métier de menuiserie qu’il a apprit lui a permis de vivre jusqu’alors.

Sa famille étant grandissante il n’arrive plus à subvenir à leurs besoins essentiels .Le commerce de planches étant une activité qui rapporte beaucoup en ce moment, il décida de se lancer dedans afin de pouvoir joindre les deux bouts.

Il sollicite alors un crédit pour l’achat et vente de planches. Cela lui permettra certainement d’améliorer les conditions de vie de sa famille.

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Journal entries for Soedinou Alogavi


Loan has been disbursed
 
Entrepreneur: Soedinou Alogavi
Location: Aného, Togo

Thank you for your loan. It has been disbursed to Soedinou Alogavi by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 14 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Aného, Togo
Nov 3, 2008
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Kiva Help Repayment Schedule for Soedinou Alogavi

  Expected Repayments Actual Repayments Comments
February 2009 $85.71 $85.71 Repayment Received
March 2009 $85.71 $85.71 Repayment Received
April 2009 $85.71 $85.71 Repayment Received
May 2009 $85.71 $85.71 Repayment Received
June 2009 $85.71 $85.71 Repayment Received
July 2009 $85.71 $85.71 Repayment Received
August 2009 $85.71 $85.71 Repayment Received
September 2009 $85.71 $85.71 Repayment Received
October 2009 $85.71 $85.71 Repayment Received
November 2009 $85.71 $85.71 Repayment Received
December 2009 $85.71 $85.71 Repayment Received
January 2010 $85.71 Available Jan 1  
February 2010 $85.71 Available Feb 1  
March 2010 $85.77 Available Mar 1