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Nestor
Nestor L. is 37 years old, is married and a father of 4 children. He is a palm wine salesman in Assahoun, a village located approximately 50 kilometers from Lomé, the Togolese capital. Nestor has worked in this trade for the past 5 years and it is his main activity. With this credit, he would like to improve his business by buying more palm trees for winemaking in order to satisfy the requests by the distillers. The increase in the capacity of his business will help him to provide for the needs of his family.

Translated from French by Ivana Kostic, Kiva Translator



Nestor L. est âgé de 37 ans, marié et père de 4 enfants. Il est vendeur de vin de palme à Assahoun, un village situé à environ 50 kilomètres de Lomé, la capitale togolaise. Nestor exerce ce métier depuis 5 ans et demeure sa principale activité. Il souhaite par ce crédit améliorer son activité en achetant plus de palmiers pour en tirer le vin afin de satisfaire la demande des distillateurs. L’augmentation de la capacité de son activité lui permettra de 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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    Funds lent in using Kiva
  • 412.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Nestor purchase of palm trees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 8, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009