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Afi

100%
Afi has fully repaid her loan of £728.48

Amount requested:

£728.48

Repayment term:

12 months

Activity type:

Manufacturing / Tradesperson

Partner:

Wages

Loan description:

Afi, 35, is married woman with 2 children, aged 12 and 15, who are both in school. Afi works as a retailer in the trade of wood; her husband meanwhile works as a forester. Afi runs her trade from the neighbourhood of Agbonou in Atakpamé, where she lives with her family. For 3 years, she has done this with the help of the microfinance organisation WAGES; she has remained committed to her relationship with them and has previously taken out 2 loans for 1 million CFA each, successfully repaying both over 12 months. With the constant aim of developing the business, she is now seeking a new loan for 500,000 CFA to use for the expansion of her wood stocks. She makes sure to always purchase from the forestry authorities who rigorously regulate the wood trade; she then sells it onto carpenters who use it to make furniture and frames. She hopes that this new loan will be granted so that her business can continue to grow and ensure the wellbeing of her family.

Original loan request in french:

Afi est une femme mariée de 35 ans, mère de 2 enfants scolarisés respectivement âgés de 15 ans pour l’ainé et de 12 ans pour le cadet. Elle exerce le métier de revendeuse dans le commerce de bois . Son mari quant à lui exerce la profession de forestier. Elle effectue ses activités dans le quartier Agbonou à Atakpamé et elle réside avec toute sa famille.

Afi opère depuis prés de 03 ans avec WAGES et le dévouement dont elle a toujours fait preuve dans ses opérations financières lui ont valu l’obtention de 2 crédits d’un million FCFA remboursés avec succès sur 12 mois. Toujours en quête perpétuelle de croissance de ses activités elle sollicite à nouveau un crédit de 500.000 FCA destiné à l’achat de Planches et de Chevrons. Il s’agit des chevrons qu’elle achète auprès des autorités forestières qui règlementent rigoureusement le commerce du bois qu’elle revend aux menuisiers pour la réalisation de meubles et de charpente.

Afi espère que ce nouveau crédit qui lui sera octroyé lui permettra d’accroitre un peu plus ses activités afin d’assurer le bien-être de sa famille.

Loan added: 19 June 2012

Afi's loan repayment schedule

Date Expected repayments Actual repayments
£66.23
£90.44
£55.19
£52.70
£55.19
£51.68
£55.19
£51.75
£55.19
£52.13
£55.19
£51.57
£55.19
£53.11

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.

Supporters of Afi

Alan
Buckinghamshire
Lancashire
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Angela
United Kingdom
West Midlands
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North Yorkshire
Brad
Cumbria
Greater Manchester
France
daniel
Tyne & Wear
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Shropshire
David
Conwy
United Kingdom
Iain
West Yorkshire
Jane
Devon
Martin
Gwynedd
United Kingdom
Matthew
United Kingdom
Mike
Lewes
Essex
Berkshire
United Kingdom
Cheshire
East Sussex
Angel
United Kingdom
United Kingdom
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United Kingdom
Sheila
Bucks
Cornwall
Cumbria