Togo
Loan description:
Balenam is married and a father to two children; aged 6 and 4, they are both at school. They all live together in the neighbourhood of Nima in Atakpamé. In 2007, Balnam launched a trade buying and selling onions, garlic and poultry, in place of the fruit juice production that he was previously occupied with. He rents and manages his bar and shop on his own; located in the neighbourhood of Agbo, not far from the Total garage in Atakpamé. As he wants to build his own shop with the view to developing his business, Balenam would like to take out a loan for 600,000 West African francs. He will use the loan to expand his stock, by spending 400,000 on the purchase of onions and 200,000 on the purchase of poultry. As the business will generally benefit from this investment, he plans to start saving gradually for the construction of his own shop. He envisages repaying the money within twelve months. His wishes for the future are chiefly to provide for the schooling of his children and the necessary comfort of his whole family.
Original loan request in french:
Balemam est marié et père de deux enfants âgés respectivement de six et quatre ans, tous scolarisés. Ensemble, ils vivent au quartier Nima à Atakpamé. Depuis 2007 , il s’est lancé dans l’achat et la revente d’oignons et d’ailes de volailles, au détriment de la production de jus de fruit auquel il s’adonnait autrefois .Il gère tout seul son bar et son magasin de dépôt, qu’il à loué dans le quartier Agbo, non loin de la station Total d’Atakpamé.
Désireux de construire dans un avenir proche son propre magasin en vue d’un meilleur développement de son commerce, il voudrait faire un emprunt d’une valeur de 600 000 FCFA qu’il compte répartir comme suit : 400 000 pour achat d’oignons et 200 000 FCFA pour achat d’ailes de volailles. Avec les bénéfices générés par cet investissement, il compte épargner petit à petit afin de démarrer la construction de son magasin. Il espère vivement sur la réalisation de son projet et envisage rembourser sa dette dans au plus douze mois.
Assurer une bonne scolarisation à ses deux enfants et le confort nécessaire à toute sa famille sont ses perspectives d’avenir.
Loan added: 29 February 2012
Balenam's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £78.58 | ||
| £65.48 | ||
| £65.48 | ||
| £65.48 | ||
| £65.48 | ||
| £65.48 | ||
| £65.48 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
