Kwami Akoto
Status: Paying Back
| $975.00 | Loan Amount |
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56% repaid
About the Entrepreneur
| Name: | Kwami Akoto |
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| Location: | Wome, Togo |
| Activity: | Motorcycle Transport |
About the Loan
| Loan Amount: | $975.00 |
|---|---|
| Loan Use: | To buy a new motorcycle |
| Repayment Term: | 19 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Dec 19, 2008 |
| Date Disbursed: | Dec 12, 2008 |
| Date Funded: | Dec 19, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | FECECAV |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 1244 |
| Total Loans: | $958,950 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Togo |
|---|---|
| Avg Annual Income: | $1,700.00 |
| Currency: | Communauté Financière Africaine Francs BCEAO (XOF) |
| Exchange Rate: | 516.0119 XOF = 1 USD |
Kwami Akoto is a 37-year-old married father who lives and works in the village of Wome. In the local language, Ewe, his first name indicates that he was born on Saturday. To provide for his family, Yawo picks up passengers and their baggage along the road, as seen in this photo, and drops them off at their destination. This service is always in demand in Wome, as there is no electricity in this village and people must often travel further than walking distance to take care of business. Yawo has asked for this loan from Kiva so that he can buy a new motorcycle in order to satisfy his customers. With the profits he will earn from his business, Yawo can continue to send his children to school and provide his community with this essential service.
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Journal entries for Kwami Akoto
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Loan has been disbursed
Location: Wome, Togo
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Posted by
from Wome, Togo
Dec 20, 2008 |
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Comment on this entry
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Repayment Schedule for Kwami Akoto
Repayment Schedule for Kwami Akoto
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $45.53 | $45.53 |  Repayment Received
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| March 2009 | $46.45 | $46.45 | Repayment Received
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| April 2009 | $47.37 | $47.37 | Repayment Received
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| May 2009 | $48.32 | $48.32 | Repayment Received
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| June 2009 | $49.29 | $49.28 | Repayment Received
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| July 2009 | $50.27 | $50.27 | Repayment Received
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| August 2009 | $51.28 | $51.28 | Repayment Received
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| September 2009 | $52.30 | $52.31 | Repayment Received
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| October 2009 | $53.35 | $53.35 | Repayment Received
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| November 2009 | $54.42 | $54.42 | Repayment Received
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| December 2009 | $55.51 | $55.51 | Repayment Received
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| January 2010 | $56.62 | Available Jan 1 | |||
| February 2010 | $57.75 | Available Feb 1 | |||
| March 2010 | $58.90 | Available Mar 1 | |||
| April 2010 | $60.08 | Available Apr 1 | |||
| May 2010 | $61.28 | Available May 1 | |||
| June 2010 | $62.51 | Available Jun 1 | |||
| July 2010 | $63.77 | Available Jul 1 | |||
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