Hogbessi Ametohum,
Togo
Hogbessi Ametohum and her husband are subsistence farmers in a small village in Togo.
They have five children, the youngest of which is three years old. The instable climate of their
area left the output of their small plot of land very limited. Madame Ametohum began to
process manioc that she would buy from other producers, in order to provide for her family.
The family's total revenue was around US$80 per year.
In 1995, an economic and social interest group, with the aid of FUCEC-TOGO came to
Madame Ametohum's village. She joined a group and received her first loan of US$20,
Instead of processing 24 m2 of manioc, she was able to process 96m2, four times the amount
Gom before her loan.
After four months, Madame Ametohum had quadrupled her credit. Her family is able to live
and eat better, quantitatively and qualitatively.
Name of microfinance programme: Federation des Unions Cooperatives des Epargne et de Credit du Fogo-Togo (FUCEC)
Source: Microcredit Summit 1997 - Institutional Profiles.
Hari Srinivas - hsrinivas@gdrc.org
Return to the Human Angle
Return to the Virtual Library on Microcredit
|