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Mériga
This is a lady who earns an income from commerce in charcoal. She has included along with it the sale of tubers. She started this business in 1974, which means she has a command of this commerce. She stocks up in northern Togo, in the city of Badou to be precise. A portion of her inventory is exhausted. Wanting to replenish it, she's requesting her first loan from WAGES to buy fifteen sacks of charcoal and ten tubs of yams.
View original language description ↓
Cette dame exerce comme activité génératrice de revenu le commerce de charbons de bois, elle a associé à ce commerce la vente de tubercules. Elle a débuté ce commerce en 1974, ce qui fait qu’elle a une maîtrise de la gestion de ce commerce. Elle s’approvisionne au nord du Togo plus précisément dans la ville de Badou. Une partie de son stock est épuisé, voulant le rehausser, elle sollicite de WAGES son premier crédit pour acheter 15 sacs de charbons de bois et 10 tas d’ignames.

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
  • 6
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    Funds lent in using Kiva
  • 468.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mériga to buy charcoal and some yams.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2009
Listed
May 26, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010