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Saliou Babatounde
This gentleman learned to be a mechanic but since he did not have the financial means to open a garage, he began selling tires in 2005. He works in the autonomous port of Lomé. Presently, his stock is expended and he wants to replenish it, so he is asking WAGES for his second loan to buy tires and various auto spare parts.



He is married and the father of 3 children. It is with his income from this business that he supports his family.

View original language description ↓
Ce monsieur appris la mécanique mais ne disposant pas de moyens suffisant pour ouvrir un garage, il s’est lancé dans le commerce de pneus en 2005, il exerce son activité au port autonome de Lomé. Actuellement son stock est épuisé, il veut rehausser son stock et sollicite de WAGES son deuxième crédit pour acheter des pneus et diverses pièces de voiture.
Il est marié et père de trois enfants, c’est avec le revenu de cette activité qu’il subvient aux charges de sa famille.


Additional Information

About Women and Associations for Gain both Economic and Social

This loan is administered by Women and Associations for Gain both Economic and Social (WAGES), Togo’s second-largest microfinance institution. Along with a wide range of savings and loan products, WAGES offers its clients training programs in basic literacy, health care (HIV/AIDS and malaria), and business-related subjects (business management, marketing, accounting). You can show your support for WAGES by joining its lending team!

About Togo

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,706,700
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Saliou Babatounde purchase of tires and spare parts for re-sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2009
Listed
May 14, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010