Kodjo N’tsou

Thank you for your loan. It has been disbursed to Kodjo N’TSOU by Microfund Togo in Togo. We are excited to watch this business grow. Over the next 14 - 16 months, Microfund Togo will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Mr. N’TSOU received his $850 loan in February. With this loan he was able to buy a computer and folders and to repair his photocopier. Mr. N’TSOU’s previous computer was very old and in terrible working condition, which made it very difficult for him do his word processing and computing work.

Mr. N’TSOU joined Microfund Togo in 2006 as one of their first members in the Afagnan area. Before having joined, he found it very difficult to work with his broken machine. He is now able to make a decent income to support his family. He earns about $20 a week and is able to put aside $10 a week apart from his repayments. He also has one student that helps in his shop.

Mr. N’TSOU and his wife and 4 children currently live in the home of their extended family. The two eldest children are in school, and the two youngest will be when they are old enough. He is now able to properly vaccinate his children and their meals are improved fro before. His wife also adds income to their household from her work as a tailor.

For his next loan, Mr. N’TSOU would like to receive $2,000 to improve the look of his shop, to purchase more computers and other instruments and to buy power generator so that his shop will still run when there are power outages (which occurs often). His dream is to one day build a home for his own family.

Posted by:

Dalia Palchik, Kiva Fellow