Togo
Loan description:
Koffi Kuma is a retailer in a general store that especially sells a lot of food products. He is 42 years old and a father with 2 children, aged 6 and 2. The eldest child is in school. Following difficulties in the education sector in his local area, Koffi left his job as a teacher to establish his own shop in Gléi. To help his business to develop, he gets assistance from a young man from the area; the wages are helping him too to save up so that he can be independent. The development of the business will help to provide for the schooling of Koffi's eldest child. For the first time, he would like to borrow 500,000 West African francs, repayable over a period of 12 months in order to expand and diversify his stocks. He would specifically like to purchase tinned foods and milk. His main concern is to see his business grow and as a result see through the wellbeing and prosperity of his family.
Original loan request in french:
Revendeur de produits d’alimentation générale et de produits génériques, Koffi Kuma est un jeune père de famille de 42 ans, avec une femme et deux enfants de six et deux ans à sa charge. Seul l’ainé est scolarisé.
Suite aux difficultés que rencontrait le secteur éducatif dans sa localité, il a abandonné son métier d’enseignant en 2008, pour installer sa boutique à Gléi. Il est aidé par un jeune garçon qu’il a embauché, par nécessité avec l’évolution de son commerce, dont le bénéfice a permis la scolarisation de son premier enfant.
Pour sa première fois il voudrait emprunter 500 000FCFA restituable sur une échéance de douze mois au plus, afin de pouvoir mieux alimenter sa boutique par beaucoup plus de produits diversifiés. Concrètement, il voudrait acheter des boites de conserves et du lait.
Son premier souci reste la croissance de son commerce et ensuite le bien-être et la prospérité de sa famille.
Loan added: 8 May 2012
Koffi kuma's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £63.69 | ||
| £53.08 | ||
| £53.08 | ||
| £53.08 | ||
| £53.08 | ||
| £53.08 | ||
| £53.08 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.



