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Kossitsè Michel
Mr. Kossitsè Michel D. was born on April 10, 1955. He is married and the father of three children who are all in primary school. At a young age and because of lack of financial resources, he began to grow palms which has allowed him to support his family, but with difficulty. He took out a first loan of US$ 500 to get this business off the ground and managed to reimburse the loan in a timely fashion.

Ambitious and intent on getting out from under the burden of his difficult financial situation, Kossitsè is now requesting a second loan, of US$ 1000 this time, to enlarge his palm tree field and purchase fertilizer. This should allow him to satisfy the needs of his customers and improve socio-economic conditions for his family and himself.

Tanslated from French by Teresa Kramer, Kiva volunteer

Monsieur D. Kossitsè Michel est né le 10 avril 1955, marié et père de trois (3) enfants tous au cours primaire. Très tôt et par manque de moyens, il s’est vite lancé dans les cultures de palmerais, seul moyen de supporter difficilement sa famille. C’est ainsi qu’il avait bénéficié d’un premier crédit de $500 pour le démarrage de cette activité qui fut remboursé sans incidence.
Ambitieux et soucieux de sortir sous le joug de la misère, il présent à nouveau cette demande de $1000 pour agrandir son champ de palmerais et acheter des fertilisants. Ce projet financé lui permettra de satisfaire sa clientèle et d’améliorer ses conditions de vie socio-économiques.

About Togo

  • $1,700
    Average annual income
  • 6
    View loans »
    Togo Loans Fundraising
  • $8,676,950
    Funds lent in using Kiva
  • 455.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kossitsè Michel enlarge his field and purchase fertilizer

agrandissement de son champ et achat des fertilisants.

100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 5, 2008
Listed
Dec 22, 2007
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009