Monifa Moumouni

Status: Paying Back

$825
Loan Request
Pre-Disbursed : Mar 16, 2009
Listed: Apr 14, 2009
Funded: Apr 16, 2009
68% repaid

About the Country

Country:Togo
Avg Annual Income:$1,700
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:490.4908 XOF = 1 USD


About the Loan

Location: Tsévié, Togo   Repayment Term: 14 months
(more info)
Activity: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: preparation and sale of a cooked rice dish   Currency Exchange Loss: Covered
      Default Protection: Covered
Around 50 years of age and with 7 persons for whom she is responsible, Mrs. Monifa Moumouni was born in Sokodé and lives with her husband who contributes what he can to their household expenses, despite his very limited means. Her business selling "Watsè" (rice prepared with dried beans, dried red peppers, and oil), very much appreciated in the central part of the country but also in certain parts of the capital (Lomé), has been dealt a blow by the economic crisis which is striking the developing countries, Togo included. She is requesting a loan to stock up on rice, dried beans, and oil, so as to put her business on a stable footing. This will allow her to improve living conditions for her numerous family.

Translated from French by Teresa Kramer, Kiva Volunteer


Agée d’une cinquantaine d’années et avec sept (07) personnes à charge, Mme Monifa MOUMOUNI est née à Sokodé et vit avec son mari qui contribue tant bien que mal aux charges du ménage malgré ses moyens financiers très limités. Le commerce de vente de "Watsè" (riz préparé avec du haricot, du piment sec rouge et de l’huile) très apprécié dans la région centrale du pays, mais aussi dans certaines localités de la capitale (Lomé) connaît un coup d’arrêt dû à la crise financière qui frappe les pays en voie de développement dont le Togo. Elle sollicite donc un financement pour stoker du riz,du haricot,de lhuile afin de rentabiliser son activité. Ce qui lui permettra d’améliorer les conditions de vie de sa nombreuse famille.

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Journal entries for Monifa Moumouni


Loan has been disbursed
 
Entrepreneur: Monifa Moumouni
Location: Tsévié, Togo

Thank you for your loan. It has been disbursed to Monifa MOUMOUNI 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 Tsévié, Togo
Apr 17, 2009
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Kiva Help Repayment Schedule for Monifa Moumouni

  Expected Repayments Actual Repayments Comments
August 2009 $77.08 $77.08 Repayment Received
September 2009 $78.24 $78.24 Repayment Received
October 2009 $79.41 $79.41 Repayment Received
November 2009 $80.60 $80.60 Repayment Received
December 2009 $81.81 $81.81 Repayment Received
January 2010 $83.04 $83.04 Repayment Received
February 2010 $84.29 $84.29 Repayment Received
March 2010 $85.55 Available Mar 1  
April 2010 $86.83 Available Apr 1  
May 2010 $88.15 Available May 1