Afatsawo Galessodzi

Atakpame, Togo

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Afatsawo has fully repaid his loan of £716.47

Amount Requested

Amount requested:

£716.47

Repayment term

Repayment term:

12 Months

Activity type

Activity type:

Market Stall

MFI Partner

MFI partner:

Wages

Afatsawo lives in a region where a widespread medical infliction has lead to an iodine deficiency in the diet of the population. He has thus chosen to participate in the eradication of this disease through a very particular method: he has launched a business in the sale of salt – both common salt and iodised salt. This is helping the local population to ensure they maintain the necessary amount of iodine in their daily diet. Afatsawo sources his stocks of iodised salt from neighbouring Ghana and resells it from his warehouse in Glei, close to the large market. He has been able to grow his business successfully because before launching it on his own in 2009, he worked for a long time as a salt retailer in another town in Togo. Today he is requesting financial support from lenders at lendwithcare in the form of a loan for 500,000 West African francs to enable him to expand his stock through the purchase of 150 sacks of salt. This loan would be repaid in twelve instalments. Afatsawo is a married father with one young child who is 1 year old. His wife is a housewife. They live together in the neighbourhood of Kwayakouba in Atakpamé. Afatsawo ambitions for his business is to improve his profits until he is able to build a new house for his small family.

Original loan request in French:
Dans une région où a sévi la maladie du goitre dû à une carence d’iode dans l’alimentation des populations, Afatsawo a choisi de participer à l’éradication de cette maladie par une méthode bien particulière. Il s’est en effet lancé dans la commercialisation du sel de cuisine mais bien entendu, du sel iodé. Cela permet aux populations locales de disposer de la ration nécessaire en iode dans leurs repas quotidiens.
Afatsawo s’approvisionne en sel iodé au Ghana voisin et le revend dans son entrepôt à GLEI près du grand marché.
Il a grandi dans ce commerce car avant de s’installer à son propre compte en 2009, il a longtemps travaillé comme aide revendeur de sel dans une autre ville du pays.
Il sollicite aujourd’hui l’appui financier des prêteurs de Lendwithcare pour un montant de 500 000FCFA afin d’acheter 150 sacs de sel. Le crédit sera remboursé en 12 mensualités.
Afatsawo est marié et père d’un petit enfant d’un an. Sa femme est ménagère. Ils vivent ensemble dans le quartier KWAYAKOUBA à Atakpamé.
Ses perspectives pour son activité est d’augmenter son fonds de commerce afin de réaliser de meilleurs profits. Cela lui permettra de construire une maison pour sa petite famille.

loan added: 18 January 2012

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Afatsawo's loan Repayment schedule

Date Expected repayments Actual repayments
January 2012 £65.13 £92.11
February 2012 £54.28 £51.46
March 2012 £54.28 £50.99
April 2012 £54.28 £50.40
May 2012 £54.28 £51.94
June 2012 £54.28 £52.40


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Lenders supporting Afatsawo


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