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Kossi Sotowou
Mr Kossi Sotowou G. was born on March 4th, 1978 in Lomé. He is married and the father of one child. He is a miller and has maintained his own business since 2004. This business provides considerable revenue as cornmeal is a basic food in Togo and is consumed by most of the population. He is planning to give his old grinding machine to his younger brother and purchase a new one. For this plan to succeed Mr. Kossi Sotowou G. is requesting his first loan to purchase a grinding machine and will then locate himself in a new area to serve the local population.

Translated from French by Dave Gibbons, Kiva Volunteer


Monsieur G. Kossi Sotowou est né le 4 mars 1978 à Lomé. Il est marié et père d’un enfant. Il est meunier et travaille pour son propre compte depuis 2004. Cette activité lui procure beaucoup de revenu car la pâte du maïs qui est un aliment de base au Togo est consommée par la plupart de la population. Son projet est de céder son ancien moulin à son petit frère et d’acheter un nouveau.
Pour pouvoir réaliser ce projet, monsieur G. Kossi Sotowou sollicite ce premier crédit pour acheter un moulin afin de s’implanter dans une nouvelle zone et de pouvoir servir la population.

Additional Information

About Women and Associations for Gain both Economic and Social

This loan is administered by Women and Associations for Gain both Economic and Social (WAGES), Togo’s second-largest microfinance institution. Along with a wide range of savings and loan products, WAGES offers its clients training programs in basic literacy, health care (HIV/AIDS and malaria), and business-related subjects (business management, marketing, accounting). You can show your support for WAGES by joining its lending team!

About Togo

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,637,200
    Funds lent in using Kiva
  • 439.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Kossi Sotowou purchase of a Grinding Machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009