Gender Equality Togo Project #30378

Provide financial life-line in Togo and Kenya

by ACTION10

Provide financial life-line in Togo and Kenya

Project Report | Nov 11, 2019
This year we helped 124 entrepreneurs!

By Marina Visintini | Head of Sustainable Economy

The year-to-date numbers were sent by S.E.VIE to Action10 a couple of weekg ago - and they are looking pretty good!

Here are some of them:

S.E.VIE has been funding 124 entrepreneurs with 154 businesses in the Coastal area or Togo!
The average loan picked up by a business is 80,500 West African CFA francs or 125 EUROS.
Loans have terms between 1 and 10 months, they are paid back weekly, and 42 businesses have already repaid their loan.
Most entrepreneurs are venturing in different types of food reseller (65), followed by restaurants (14), sales of bags (12) and pharmacies (7).

All this is made possible by your donations!

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