This loan is fully funded

You can read all of Agbezunke valer's updates below.

Agbezunke valer Kogbedji is
100% funded

Original loan requested: £630.33

Agbezunke, 24, is a working man, who is married to a dressmaker. He has a wonderful 2-year-old son, who does not yet attend school. The small family lives together in the Djama neighbourhood of Atakpamé. He meets the needs of his household by working two traditional windmills that process millet, sorghum, maize, soya, wheat, beans and even tomatoes. He purchases his stock in the capital Lomé. Previously, he was a miller employed by other individuals, but he has been operating his own windmills since 2005 and employs seven people who help him with his tasks. He works on the rue Photo Iris, on the way to Djama Kpota. This is the first time that Agbezunke has applied for a loan with WAGES. He is requesting 400,000 West African francs, in order to connect his place of work to an electricity supply. This will help to develop his work. The traditional windmill that he currently uses costs too much to maintain and consumes a huge amount of diesel. However, with this financial support, he will save more and the mill will work more efficiently. The loan will be paid off in twelve monthly instalments. Given that his work brings huge benefits to his neighbourhood and to his employees, Agbezunke wishes to increase his number of sites and increase his sources of income.

Original loan request in French
Agbezunke est un homme travailleur, marié à une couturière. A 24ans, il a un merveilleux enfant de 2 ans qui ne fréquente pas encore. La petite famille a sa demeure au quartier de Djama à Atakpamé. Il subvient aux besoins de son ménage grâce à l’exploitation de ses deux moulins traditionnels qui servent à mouliner le mil, le sorgho, le maïs, le soja ; le blé, les haricots et même les tomates. Il achète ses moulins dans la capitale Lomé. Dans le passé il était meunier travaillant pour le compte d’autrui, mais depuis 2005 il gère ses propres moulins et emploie 7 personnes qui l’aident dans ses tâches. L’emplacement de son activité est sur la rue Photo Iris vers Djama Kpota.  Agbezunke est à sa première expérience de crédit à WAGES. Il sollicite un montant de 400 000FCFA pour l’obtention d’un branchement électrique dans sa localité. Cela contribuera à l’amélioration de son travail. Le moulin traditionnel qu’il utilise présentement nécessite trop de dépenses de réparation et une quantité énorme de gasoil pour le fonctionnement. Cependant avec un tel soutien financier il économisera plus et sa production sera plus efficace. Ce crédit sera remboursé en douze mensualités. Etant donné que son travail profite énormément à son quartier et aux personnes qu’il emploie, Agbezunke souhaite multiplier les points d’exploitation et diversifier ses sources de revenus.

Entrepreneur updates

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Repayment schedule

Date Expected repayments Actual repayments
November 2011 £57.30 £72.26
December 2011 £47.75 £46.16
January 2012 £47.75 £46.38
February 2012 £47.75 £45.87
March 2012 £47.75 £45.45
April 2012 £47.75 £44.93
May 2012 £47.75 --
June 2012 £47.75 --
July 2012 £47.75 --
August 2012 £47.75 --
September 2012 £47.75 --
October 2012 £47.75 --
November 2012 £47.78 --

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