Charles Ayi


Status: Paying Back

$900.00   Loan Amount
55% repaid

About the Entrepreneur

Name: Charles Ayi
Location: Adidogomé, Togo
Activity: Food Production/Sales

About the Loan

Loan Amount: $900.00
Loan Use: To buy sacks of wheat
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 16, 2009
Date Disbursed: Mar 16, 2009
Date Funded:Mar 16, 2009

About the Country

Country:Togo
Avg Annual Income:$1,700.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:509.2470 XOF = 1 USD



Mr. Charles Ayi lives in the Agoe Telessou neighborhood in the north of the city of Lomé. His business consists in selling wheat flour, which is very much used in Togolese cooking. He buys sacks of wheat and turn it into flour using a grinding mill. He's been running this business since 2004. He's divorced from his wife, and he is alone in supporting their two children. The amount of flour he currently has does not enable him to meet customer demand, and he's seeking a loan from Kiva's partner WAGES to purchase sacks of wheat.

Translated from French by Patrick Stadelmann, Kiva Volunteer


Monsieur ayi charles habite le quartier d’agoe telessou au nord de la ville de lomé, il fait comme commerce la vente de farine de blé qui est très utilisée dans la cuisine togolaise pour préparer la pâte,il achète les sacs de blé et transforme le blé en farine à l'aide d'un moulin il fait ce commerce depuis 2004. Il est divorcé de sa femme, les deux enfants qu’ils ont eu sont à sa seule charge. le stock de farine dont il dispose actuellement ne lui permet pas de bien faire face à la demande de ses clients, il demande à wages un prêt pour l’achat de sacs de blé.

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Journal entries for Charles Ayi


Loan has been disbursed
 
Entrepreneur: Charles Ayi
Location: Adidogomé, Togo

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


Posted by from Adidogomé, Togo
Mar 17, 2009
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Kiva Help Repayment Schedule for Charles Ayi

  Expected Repayments Actual Repayments Comments
June 2009 $67.10 $67.10 Repayment Received
July 2009 $68.45 $68.45 Repayment Received
August 2009 $69.81 $69.81 Repayment Received
September 2009 $71.21 $71.21 Repayment Received
October 2009 $72.64 $72.64 Repayment Received
November 2009 $74.09 $74.09 Repayment Received
December 2009 $75.57 $75.57 Repayment Received
January 2010 $77.08 Available Jan 1  
February 2010 $78.62 Available Feb 1  
March 2010 $80.20 Available Mar 1  
April 2010 $81.80 Available Apr 1  
May 2010 $83.43 Available May 1