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Kodzo
Kodzo A. is 28 years old, married, and the father of one child. To earn money, he has a shop selling spare parts for motorbikes in Kpalimé, Togo. With this loan, his second with FECECAV, he wishes to increase the inventory of his small shop to meet customer demands. Specifically, he wants to buy engine parts generally imported from Nigeria in order to resell them. With the improvement of his business, he can better support his child and thus help his community to develop.
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Kodzo A. est âgé de 28 ans, marié et père d’un enfant. Pour gagner de l’argent il opère une boutique des pièces détachées à deux roues à Kpalimé au Togo. Avec ce crédit, son deuxième de FECECAV, il souhaite augmenter le stock de sa petite boutique pour répondre aux demandes de ses clients. Spécifiquement, il veut acheter les pièces moto généralement importées du Nigeria pour revendre. Avec l’amélioration de son activité, il peut mieux subvenir aux besoins de son enfant et participer ainsi au développement de sa communauté.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,758,200
    Funds lent in using Kiva
  • 526.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Kodzo to buy spare parts for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 18, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009