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Ama
Ama B. is 43 years old, married, and the mother of five. She is a food retailer in the marketplace in Adéta, a village located about 150 km from Lomé, the Togolese capital. With this loan, her third from FECECAV, Ama wishes to buy sacks of corn and to stock up on them in order to limit repeated trips, since stocking up is accomplished on farms. The profits she will earn from her business will enable her to provide for her children and to improve their living conditions.


Translated from French by Daniel Kuey, Kiva volunteer



Madame Ama B. est âgée de 43 ans, mariée et mère de 5 enfants. Elle est revendeuse de nourriture dans le marché d’Adéta, un village situé à environ 150 kilomètres de Lomé, la capitale Togolaise. Avec ce crédit, son troisième de FECECAV, Ama souhaite acheter des sacs de maïs, les stocker pour limiter les déplacements répétés puisque l’approvisionnement se fait dans les fermes. Les profits qu’elle dégagera de son activité lui permettront de subvenir aux besoins de ses enfants et améliorer leurs conditions de 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

  • $1,500
    Average annual income
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,803,250
    Funds lent in using Kiva
  • 424.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ama to increase her inventory.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 9, 2008
Listed
Jun 19, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010