This loan is fully funded

You can read all of Iliassou's updates below.

Iliassou Atakoura is
100% funded

Original loan requested: £1419.35

Illiasou is a dynamic man, aged 37, married and a father to four children. His children are aged from 1 to 8; only the two eldest are of school age and attend the primary school in the neighbourhood. Illiassou has been a retailer in general food products since 2002. He lives in Lomé with his children and wife, who is also a retailer. They live together in the neighbourhood of Yokoe. Illiassou has been a member of the microfinance organisation WAGES for a long time but has been waiting for the right time to seek his first loan. He will repay the 1,000,000 West African francs within 12 months; the money will allow him to expand his stocks, which he purchases from suppliers at the large market in Lomé. He will specifically purchase sacks of rice, bottles of oil, parcels of soap, milk products and tinned foods. This will strengthen the business, which is run from a shop right in the centre of the town. The location of the shop is a great asset because it allows the business to serve a vast customer base. Illiassou employs 2 people to help run the business. In the mid-term, he envisages opening several more shops so that he can create greater revenue, guarantee the wellbeing of his family and ensure his children receive a school education that is both challenging and of high quality.

Original loan request in french:
Iliassou est un homme dynamique âgé de 37 ans, marié et père de quatre enfants. Ses enfants sont âgés entre 8 et 1 an et seuls les 2 premiers qui sont en âge d’être scolarisés sont inscrits a l’école primaire du quartier.
Iliassou est revendeur de produits d’alimentation générale, depuis 2002 et est domicilié à Lomé avec ses enfants et sa femme qui est aussi revendeuse.  Ensemble, ils habitent le quartier de Yokoe.
Iliassou a connu WAGES il y a bien longtemps et a attendu le bon moment avant de solliciter aujourd’hui pour la première fois un prêt d’un montant de 1 000 000 FCFA, remboursable sur douze (12) mois, qui lui permettra de s’approvisionner auprès de ses fournisseurs au grand marché de Lomé . Concrètement, il compte acheter des sacs de riz, des bidons d’huile, des pains de savon, des produits laitiers et des boites de conserve pour renflouer sa boutique située en plein centre ville .  La situation de sa boutique est un grand atout pour lui car elle lui permet de satisfaire une vaste clientèle. Iliassou emploie 2 assistants dans l’exploitation de son commerce.
Iliassou envisage ouvrir plusieurs boutiques dans le moyen terme pour un meilleur revenu dans le moyen terme, en vue de garantir le bien être de sa famille et assurer à ses enfants une éducation scolaire poussée et de bonne qualité.

Entrepreneur updates

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Repayment schedule

Date Expected repayments Actual repayments
May 2012 £129.03 £143.60
June 2012 £107.53 £107.26
July 2012 £107.53 £106.34
August 2012 £107.53 £105.40
September 2012 £107.53 £103.37
October 2012 £107.53 £103.51
November 2012 £107.53 £104.27
December 2012 £107.53 £103.15
January 2013 £107.53 £106.23
February 2013 £107.53 £110.30
March 2013 £107.53 £109.94
April 2013 £107.53 £107.67
May 2013 £107.49 --

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