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Noumovi
Mr. Noumovi K. is 33 years old, married, and the father of two children. In order to earn money to meet the needs of his two children, he is a retailer of electrical products and spare parts in Adéta, a town located about 150 kilometers from Lomé, the capital of Togo. With this third loan from FECECAV, he hopes to strengthen his business with the purchase of new electrical products and spare parts in order to meet the constant demand of his customers and to participate in the development of his community.

Translated from French by Liana Bianchi, Kiva Volunteer.


Monsieur Noumovi K. est âgé de 33 ans marié et père de 2 enfants. Pour gagner de l’argent afin de subvenir aux besoins de ses 2 enfants, il achète et revend le produits d’électricité et les pièces détachées à Adéta, une ville située à environ 150 kilomètres de Lomé, la capitale du Togo. Avec ce troisième crédit de FECECAV, il espère renforcer sa boutique dans l’achat de nouveaux produits d’électricité et de pièces détachées afin de répondre à la demande sans cesse de la population et participer ainsi au développement de sa communauté.

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
  • 1
    View loans »
    Togo Loans Fundraising
  • $8,758,200
    Funds lent in using Kiva
  • 424.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Noumovi purchase of new electrical products and spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 5, 2008
Listed
May 16, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009