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Kolika
Kolika L. is an automechanic in Kpalimé, a town located north-west of Lomé, the capital of Togo. At age 45, he is married and the father of 4 children. He hopes, with this loan to strengthen his business, buying work tools which will enable him to be more effective at his work. This will also build confidence with his customers and allow him to earn greater profits, to better provide for his family.
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Kolika L. est un mécanicien auto à Kpalimé, une ville situé au nord-ouest de Lomé, la capitale du Togo. Agé de 45 ans, il est marié et père de 4 enfants. Il espère avec ce crédit donner plus de force à son activité en achetant des outils de travail lui permettant de mieux exécuter son activité. Par ricochet, il gagnera plus la confiance de sa clientèle ce qui lui permettra de tirer plus de profits pour la meilleure survie 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
  • 9
    View loans »
    Togo Loans Fundraising
  • $8,671,525
    Funds lent in using Kiva
  • 501.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Kolika to buy work tools.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2009
Listed
Jan 20, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010