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Moutawakilou
Mr. Moutawakilou M. is 40 years old, married , and father of two children. To earn money he runs a general store in Adéta, a town located around 150 kilometers from Lomé, the Togolese capital. With his first loan from FECECAV, he would like to purchase drinks, rice, cookies, canned foods, and various other goods to increase the capacity of his business. With this expansion, he can better respond to customer demand and meet the needs of his family.

Translated from French by Liana Bianchi, Kiva Volunteer


Monsieur Moutawakilou M. est âgé de 40 ans, marié et père de 2 enfants. Pour gagner de l’argent il opère un marché général à Adéta, un village situé à environ 150 kilomètres de Lomé, la capitale Togolaise. Avec son premier crédit de FECECAV, il souhaite acheter les boissons, du riz, les biscuits, les boites de conserves et les autres produits variés pour augmenter la capacité de son commerce. Avec cet agrandissement, il peut mieux répondre aux demandes de ses clients et subvenir aux besoins de sa famille.

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
  • 9
    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 Moutawakilou increase the capacity of his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 24, 2008
Listed
Jun 17, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010