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Laté
Born in Aného in 1975, Mr. L. Laté is married and the father of two (02) children. With his secondary education level he has been developing his business for ten years in Afagnan where he resides. The sale of kerosene remains his principal activity. Today Mr. L. Laté holds an enormous experience in the kerosene business. His first loan, which was repaid on time, allowed him to start up his activity in a place where there was no point of sale.


Facing a strong demand, he is requesting a loan of $800 to buy a kerosene storage tank and will retail the kerosene in small units. From this business Mr. L. Laté will be able to make a better income and will improve his family’s living conditions.


Translated from French by Véronique Fourment, Kiva Volunteer.


Né à Aného en 1975, Monsieur L. Laté est marié et père de deux (02) enfants. Avec son niveau d'instruction secondaire, il développe ses affaires depuis une dizaine d’années à Afagnan où il réside. La vente du pétrole reste son activité principale. Aujourd’hui, Monsieur L. Laté possède une énorme expérience dans la vente du pétrole. Son premier crédit qui a été bien soldé, lui a permis de démarrer son activité dans un milieu où il n’y a aucune station de vente.



Face à la forte demande, il sollicite un crédit de $800 pour acheter une citerne de pétrole et la revendre par unité. De ce commerce, Monsieur L. Laté pourra mieux dégager de revenus et améliorer ses conditions de vie et celles de sa famille.

About Togo

  • $1,500
    Average annual income
  • 1
    View loans »
    Togo Loans Fundraising
  • $8,803,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Laté purchase of a storage tank for kerosene

Achat d'une citerne de pétrole

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100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 30, 2007
Listed
Apr 15, 2007
Currency Exchange Loss:
N/A
Ended:
Apr 20, 2008