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Mohamed
Mr. Mohamed F. is 25 and married. He sells general food products and cosmetics. Mr. F.’s store is located in Adéta, a small village approximately 150 km from Lomé, the capital of Togo. Many women like to purchase cosmetics in his store, and he sells sufficient quantities of these products. With this second FECECAV loan, he would thus like to purchase straightening creams, pomades, nail polish, hair extensions and wigs. He also hopes to purchase twelve bags of rice, ten containers of oil, five boxes of soap, ten boxes of powdered milk and five boxes of mayonnaise. These purchases will allow him to increase his supplies so that he can meet his customers’ needs and earn more profit. In doing so, he believes he can truly improve his life.

Translated from French by Kristina Jackson, Kiva Volunteer.



Monsieur Mohamed F. est âgé de 25ans et marié. Il est spécialisé en alimentation générale et en produits de beauté. La boutique de Monsieur Mohamed est située à Adéta, un petit village situé à environ 150 kilomètres de Lomé, la capitale togolaise .Comme beaucoup de femmes aiment acheter les produits de beauté dans sa boutique et comme il les vend en quantité suffisante, avec ce deuxième crédit de FECECAV, il souhaite acheter les savons de défrisage, les pommades, les vernis, les mèches et les perruques .Il espère acheter également 12 sacs de riz, 10 bidons d’huile, 5 cartons de savons de toilette, 10 cartons de lait en poudre et 5 cartons de mayonnaise. Ce qui lui permettra d’augmenter la capacité de sa boutique pour répondre aux besoins de la clientèle et par là dégager plus de profits. Il compte vraiment améliorer sa vie.

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

  • $1,700
    Average annual income
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    Funds lent in using Kiva
  • 424.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mohamed purchase more supplies for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 4, 2008
Listed
May 17, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009