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Boni
Monsieur Boni K. is 28 years old, married with one child. To earn a living he runs a shop selling electrical appliances in Adéta, a village about 150 kilometers from Lomé, the capital of Togo. With this loan, his second from FECECAV, he hopes to increase his stock to meet his customers’ demands. In particular, he wants to buy televisions and VCRs to resell. As a result of improving his business, he will be better placed to meet the needs of his child and participate in the development of his community.

Translated from French by Alison Dent, Kiva volunteer.


Monsieur Boni K. est âgé de 28 ans, marié et père d’un enfant. Pour gagner de l’argent il opère une boutique de commercialisation d’appareils électroniques à Adéta, un village situé à environ 150 kilomètres de Lomé, la capitale Togolaise. Avec ce crédit, son deuxième de FECECAV, il souhaite augmenter le stock de son atelier pour répondre aux demandes de ses clients. Spécifiquement, il veut acheter les télévisions et les VCD pour revendre. Avec l’amélioration de son activité, il peut mieux subvenir aux besoins de son enfant 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

  • $1,700
    Average annual income
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,671,525
    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 Boni to buy televisions and VCRs to resell.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 26, 2008
Listed
Jun 18, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010