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Komla
Mr. Komla K., born on October 22, 1974 in Lomé, is married and the father of three children. After he was obliged to leave school because his parents could not afford to pay school fees, he set up a little shop where he sells motorcycle spare parts. He is presently asking for a loan in the amount of US$ 1000 so that he can pay cash up front to purchase spare parts for his inventory, especially those frequently needed by his customers.

It will be much better if he does not have to purchase on credit the spare parts he resells and if he has a complete inventory of parts at any given time. In this way, he can improve the service he gives his clientele as well as improving living conditions for his family by earning a better profit from his business.

Translated from French by Teresa Kramer, Kiva volunteer

Né le 22 Octobre 1974 à Lomé, Monsieur K. Komla est marié et père de trois (3) enfants. Il installa un petit comptoir de vente de pièces détachées moto après avoir déserté les bancs faute de moyens financiers de ses parents. A travers ce projet, il sollicite un prêt de $1000 pour lui servir de s’approvisionner en stock suffisant et au comptant d’autres pièces qui sont souvent demandées par les clients.

Ceci lui facilitera de ne plus acheter à crédit et aussi d’avoir un stock permanent à tout moment afin de mieux servir sa clientèle et aussi favoriser une condition meilleure de vie au sein de sa famille.

About Togo

  • $1,500
    Average annual income
  • 9
    View loans »
    Togo Loans Fundraising
  • $8,812,775
    Funds lent in using Kiva
  • 448.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Komla purchase of spare parts for re-sale

Approvissionnement et vente de pieces détachées.

100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 11, 2008
Listed
Dec 28, 2007
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009