Gombila Kabore

Status: Refunded

$925
Loan Request
Disbursed : Jan 25, 2008
Listed: Jan 11, 2008
Funded: Jan 11, 2008
$0
Paid Back
Refunded: Feb 12, 2008

About the Country

Country:Cote D'Ivoire
Avg Annual Income:$1,600
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:443.2302 XOF = 1 USD


About the Loan

Location: Yopougon, Cote D'Ivoire   Repayment Term: 17 months
(more info)
Activity: Tailoring   Repayment Schedule: Monthly
Loan Use: he needs the loan to purchase goods   Currency Exchange Loss: Covered
      Default Protection: Covered
Kabore is a 44 years old man. He lives with his wife and their 3 children in Yopougon, one of the biggest municipalities of Abidjan. Kabore is an ambitious man, and he has been sewing for more than 16 years. He owns a sewing shop in the Yopougon market. He takes care of his family and pays the school expenses of his children who attend primary school. He has requested a loan to open a second shop, in another municipality.

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Journal entries for Gombila Kabore


Loan has been disbursed
 
Entrepreneur: Gombila Kabore
Location: Yopougon, Cote D'Ivoire

Thank you for your loan. It has been disbursed to Gombila Kabore by Afrique Emergence & Investissements in Cote D'Ivoire. We are excited to watch this business grow. Over the next 15 months, Afrique Emergence & Investissements will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Yopougon, Cote D'Ivoire
Jan 26, 2008
Comment on this entry

Loan Refunded
 
Entrepreneur: Gombila Kabore
Location: Yopougon, Cote D'Ivoire

This loan has been refunded for the following reason:

This business was unfortunately posted with the incorrect loan amount and loan term.


Posted by Shelby Clark from Yopougon, Cote D'Ivoire
Feb 12, 2008
Comments (1)

Update on Gombila Kabore and AE&I
 
Entrepreneur: Gombila Kabore
Location: Yopougon, Cote D'Ivoire

Dear Lender,

This is an update on your loan to Gombila Kabore in Côte d’Ivoire.

Before providing more information about this entrepreneur, we want to let you know that Kiva has terminated its partnership with the Field Partner Afrique Emergence & Investissements (AE&I), who managed this loan. Kiva has collected all outstanding funds, relating to this loan, from AE&I. To learn more about why Kiva has terminated this partnership, visit AE&I’s Field Partner page at: http://www.kiva.org/about/aboutPartner?id=53.

Please read the journal written by Kiva Fellow Megan Berwick for more information about the entrepreneur that you supported.

Gombila has a sewing shop at the Sideci Market in the Yopougon District of Abidjan. It’s a small shop, and he works alone. He makes women’s dresses, as well as shirts and pants for men. His most recent loan with AE&I was for 25,000 CFA, which he repaid over a period of two months. He used the loan to purchase zippers, thread, buttons, and other sewing materials. He plans to take another loan in the summer when it’s fashion season, and he gets many orders!

Thank you for helping to change the lives of borrowers around the world with Kiva.

Sincerely,

The Kiva Team


Posted by Parth Shah, Kiva Staff, from San Francisco, United States
Jul 9, 2008
Comment on this entry

Kiva Help Repayment Schedule for Gombila Kabore

  Expected Repayments Actual Repayments Comments
April 2008 $61.67 $0.00 Delinquent
May 2008 $61.66 $0.00 Delinquent
June 2008 $61.67 $0.00 Delinquent
July 2008 $61.67 $0.00 Delinquent
August 2008 $61.66 $0.00 Delinquent
September 2008 $61.67 $0.00 Delinquent
October 2008 $61.67 $0.00 Delinquent
November 2008 $61.66 $0.00 Delinquent
December 2008 $61.67 $0.00 Delinquent
January 2009 $61.67 $0.00 Delinquent
February 2009 $61.66 $0.00 Delinquent
March 2009 $61.67 $0.00 Delinquent
April 2009 $61.67 $0.00 Delinquent
May 2009 $61.66 $0.00 Delinquent
June 2009 $61.67 $0.00 Delinquent