Adjo Solomé

Status: Paying Back

$675
Loan Request
Pre-Disbursed : Sep 1, 2009
Listed: Sep 17, 2009
Funded: Sep 17, 2009
22% repaid

About the Country

Country:Togo
Avg Annual Income:$1,700
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:447.3095 XOF = 1 USD


About the Loan

Location: Lomé, Togo   Repayment Term: 14 months
(more info)
Activity: Sewing   Repayment Schedule: Monthly
Loan Use: To purchase a sewing machine and fabrics.   Currency Exchange Loss: Possible
      Default Protection: Covered

Adjo Solome is a 33 year-old woman, she is married and the mother of 2 children. By training she is a seamstress, a business she carries out in the city of Lome. In order to supplement her business, Adjo wishes to purchase a sewing machine with her loan, as well as cloths and fabric for resale. She depends on her business to help her husband provide for the needs of their children.




Translated from French by Erika Lindig, Kiva Volunteer


Adjo Solomé est une femme de 33 ans, mariée et mère de 2 enfants. Elle a pour profession la couture et exerce cette activité à Lomé. Pour renforcer la capacité de son activité, Adjo désire avec ce crédit acheter une machine à coudre et aussi des pagnes et tissus pour la revente. Elle compte sur cette opportunité pour aider son mari dans la prise en charge de leurs enfants.


Important Information About This Loan
FECECAV is a cooperative union registered in 1997. Its mission is to serve the financial needs of local people who have been excluded from the traditional financial system. It serves more than 50,000 members in the Plateau and Maritime regions of Togo. FECECAV is a not-for-profit organization.

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Journal entries for Adjo Solomé


Loan has been disbursed
 
Entrepreneur: Adjo Solomé
Location: Lomé, Togo

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


Posted by from Lomé, Togo
Sep 18, 2009
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Kiva Help Repayment Schedule for Adjo Solomé

  Expected Repayments Actual Repayments Comments
December 2009 $50.33 $50.33 Repayment Received
January 2010 $51.33 $51.33 Repayment Received
February 2010 $52.36 $52.36 Repayment Received
March 2010 $53.41 Available Mar 1  
April 2010 $54.48 Available Apr 1  
May 2010 $55.56 Available May 1  
June 2010 $56.68 Available Jun 1  
July 2010 $57.81 Available Jul 1  
August 2010 $58.97 Available Aug 1  
September 2010 $60.14 Available Sep 1  
October 2010 $61.35 Available Oct 1  
November 2010 $62.58 Available Nov 1