Rose Afantsawo


Status: Paying Back

$900.00   Loan Amount
65% repaid

About the Entrepreneur

Name: Rose Afantsawo
Location: Kpeme, Togo
Activity: Cereals

About the Loan

Loan Amount: $900.00
Loan Use: An inventory of grain for resale
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Feb 17, 2009
Date Disbursed: Jan 22, 2009
Date Funded:Feb 17, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:512.5523 XOF = 1 USD



Ms. Rose AFANTSAWO is a widow with four children. Born in 1950 in Kpémé, this good and honest woman got started in the commerce of staple foods, notably grains. This is a business she has mastered after working thirty years at it. She actually goes from marketplace to marketplace to buy grain, which she stocks up and then resells to her numerous customers.


No longer having sufficient financial means for satisfying the demands of her customers and for increasing her dropping revenues, she is requesting a loan, so as to boost her commerce and to have solid working capital and especially to maximize her profits.

Translated from French by Dan Kuey, Kiva Volunteer


Madame AFANTSAWO Rose est une veuve avec quatre (04) enfants. Née en 1950 à Kpémé, cette brave femme s’est lancée dans le commerce de produits vivriers notamment les céreales, activité qu’elle maîtrise bien après trente (30) années d’exercice. En effet, elle va de marché en marché pour acheter de céréales qu’elle stocke et revend à ses nombreux clients. N’ayant plus suffisamment de moyens financiers pour satisfaire la demande de ses clients et augmenter ses revenus en baisse, elle sollicite donc un crédit pour renforcer son commerce et avoir un fonds de roulement solide et surtout maximiser son profit.


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Journal entries for Rose Afantsawo


Loan has been disbursed
 
Entrepreneur: Rose Afantsawo
Location: Kpeme, Togo

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


Posted by from Kpeme, Togo
Feb 18, 2009
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Kiva Help Repayment Schedule for Rose Afantsawo

  Expected Repayments Actual Repayments Comments
July 2009 $94.15 $94.15 Repayment Received
August 2009 $95.56 $95.56 Repayment Received
September 2009 $96.99 $96.99 Repayment Received
October 2009 $98.45 $98.45 Repayment Received
November 2009 $99.93 $99.93 Repayment Received
December 2009 $101.43 $101.43 Repayment Received
January 2010 $102.95 Available Jan 1  
February 2010 $104.49 Available Feb 1  
March 2010 $106.05 Available Mar 1