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Mensah
Mensah A. is 32 years old, unmarried, and has no children. He is a buyer of coffee and cocoa products from growers, and he resells them to international exporters. He has been doing this work for three years in Danyi, a village located about 175 km from Lomé, the Togolese capital. Given that the suppliers are demanding payment in cash, Mensah hopes to use this loan to meet their demands and to derive a profit, since sales will increase due to the increase in purchases.
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Mensah A. est âgé de 32 ans, célibataire sans enfants. Il est un acheteur des produits café cacao auprès des cultivateurs et les revend aux exportateurs internationaux. Il exerce cette activité depuis 3 ans à Danyi, un village situé à environ 175 kilomètres de Lomé, la capitale togolaise. Etant donné que les fournisseurs exigent des règlements au comptant, Mensah espère par ce crédit satisfaire leurs exigences et tirer profits puisque les ventes seront augmenées conséquence de l’augmentation des achats.

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
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    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 Mensah to buy sacks of coffee and cocoa for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 29, 2008
Listed
Oct 15, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009