Kiva Loan Number 13

Atsu Mlaga from Togo has fully repaid a Kiva loan

Location: Avetonou, Togo

Repayment Term: 7 months (more info)

Activity: Agriculture   Repayment Schedule: Monthly

Loan Use: To buy fertilizers   Currency Exchange Loss: Covered       Default Protection: Covered

Atsu Mlaga is a rice grower in Avetonou. He is 49 years old, married, and the father of five. He would like to use this loan to buy fertilizers to increase his yields and also to hire sharecroppers, in order to expand his arable land. He is counting in this opportunity to improve his family’s living conditions.

(click to continue reading Kiva – Atsu Mlaga from Togo has fully repaid a Kiva loan.)

Country: Togo
Avg Annual Income: $1,700
Currency: Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate: 470.5172 XOF = 1 USD