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Kokouvi
This gentleman learned welding, and in 2004 he went out on his own and opened a workshop. He makes doors etc. that he sells to his customers. He displays his merchandise in front of his workshop so as to attract customers. He is presently out of the raw materials he needs to make his products, so he is asking WAGES for his first loan to buy corrugated iron and various other materials.



He is married and the father of 2 children. He supports his family with the revenue from his business.

View original language description ↓
Ce monsieur a appris le métier de la soudure, en 2004 il s’est mis à son propre compte et a ouvert un atelier. Il fabrique des portes et des fourres qu’il vend à ses clients. Il expose sa marchandise devant son atelier pour attirer les clients. Les matières nécessaires à son activité étant épuisées, il sollicite de WAGES son premier crédit pour acheter des tôles et diverses matières.
Il est marié et père de 02 enfants, c’est avec le revenu de son commerce 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
  • 10
    View loans »
    Togo Loans Fundraising
  • $8,671,525
    Funds lent in using Kiva
  • 468.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Kokouvi purchase of raw materials for making doors, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2009
Listed
Jun 16, 2009
Currency Exchange Loss:
Covered
Ended:
May 9, 2010