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Rasak
Rasak A. is a 30-year-old married man, and he is the father of 2 children. One of his children is enrolled in primary school, while his other child is too young to attend school.



To provide for his family, Rasak opened a general store in Wome, a small town located about 130 kilometers from Lomé, the capital of Togo. At his store, he sells a variety of items, ranging from soap and canned goods to prepaid cell phone cards. Rasak is now requesting a loan because he would like to replenish his stock and enlarge his inventory. In general, he hopes that, by increasing his commercial activity, he can better respond to the needs of his family and can continue to participate in the development of his community.

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
  • 1
    View loans »
    Togo Loans Fundraising
  • $8,758,725
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Rasak to replenish his stock of goods and to expand his inventory.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2008
Listed
Dec 1, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2010