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Koffi
Koffi E. is 35 years old, married, with two children. He lives in Danyi, a village located about 175 kilometers from Lomé, the capital of Togo. He sells insecticides and herbicides – a prosperous business given that this is a rural area with agriculture as its main source of income. With this second loan from Kiva Field Partner FECECAV, Koffi E. wants to increase his stock in order to better meet the needs of his ever-increasing clientele. The growth in sales will generate more profit, thus allowing him to better provide for the needs of his family.
Koffi E. est âgé de 35 ans, marié et père de 2 enfants. Il réside à Danyi, un village situé à environ 175 kilomètres de Lomé, la capitale togolaise. Il est revendeur des insecticides et herbicides, une activité prospère étant donné que c’est une zone rurale et la principale source d’activité est l’agriculture. Il espère, avec ce deuxième crédit de FECECAV, faire plus de stocks en marchandises pour satisfaire aux besoins de la clientèle sans cesse croissante. L’augmentation des ventes va engendrer un accroissement des profits, ce qui lui permettra de mieux 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
  • 8
    View loans »
    Togo Loans Fundraising
  • $8,666,900
    Funds lent in using Kiva
  • 481.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Koffi to puchase herbicides and insecticides to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 29, 2008
Listed
Oct 14, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009