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Azama
Mr. Azama K. is 28 years old, married, and the father of 1 child. He has been selling cement since 2004. His store is located in the central market of Aventonou, a small village located about 120 kilometers from Lomé, the Togolese capital. Mr. Azama hopes to use his loan to buy 10 tons of cement to satisfy the needs of his clientele, which is increasing, as the popularity of the market in Aventonou brings more tourists and therefore more vendors to the small village. His sales of new concrete will allow him to increase his profits and to take care of his family. Mr. Azama is a good client, as he paid back his previous loan regularly and on time.



Monsieur Azama K. est âgé de 28 ans, marié et père d’un enfant. Il est revendeur de ciment depuis 2004. Son magasin est situé au grand marché d'Avetonou, un village situé à environ 120 kilomètres de Lomé, la capitale togolaise. Monsieur Azama souhaite, avec ce crédit, acheter 10 tonnes de ciments pour satisfaire aux besoins de la clientèle étant donné que ce village est une zone touristique qui attire plusieurs personnes à y construire d’où la demande très forte en ciments. Ces ventes lui permettront d’augmenter ses profits et de subvenir décemment aux charges de sa famille. Monsieur Azama est un bon client puisqu’il a pu remboursé à temps l’emprunt qu’il a contracté.

Additional Information

About FECECAV

FECECAV is a cooperative union registered in 1997. Its mission is to serve the financial needs of local people who have been excluded from the traditional financial system. It serves more than 50,000 members in the Plateau and Maritime regions of Togo. FECECAV is a not-for-profit organization.

About Togo

  • $1,500
    Average annual income
  • 3
    View loans »
    Togo Loans Fundraising
  • $8,806,250
    Funds lent in using Kiva
  • 427.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Azama to buy 10 tons of cement.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 30, 2008
Listed
Mar 15, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009