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Koffi
This young man launched his business selling general food stuffs and various goods last year. He is renting a shop in the neighborhood of Novissi in Lomé. This business enables him to take care of himself and his own needs. He is dynamic and is very welcoming to his customers. He is still unmarried and has no child in his care. He has great ambitions for his business; currently, his business is going well and he has a great deal of clients. He needs to re-stock his merchandise and it is for this reason that he is requesting a loan from the micro-finance institution WAGES. He intends to purchase 2 cartons of Milo brand tea, 3 cartons of Saint Louis brand sugar, 1 carton of bleach, 10 cartons of soap of various brands, cookies and a variety of other products.
View original language description ↓
Ce jeune homme s’est lancé l’année dernière dans la vente de produits d’alimentation générale & divers, en louant une boutique dans le quartier de Novissi à Lomé. Cette activité lui permet de se prendre en charge et de subvenir à ses propres besoins. Il est dynamique et accueille bien ses clients. Il n’est pas encore marié et n’a pas non plus aucun enfant à sa charge. Il a de grandes ambitions pour son commerce ; actuellement il réalise de bonnes affaires, vu le nombre élevé de sa clientèle. Il a besoin en ce moment de renforcer son stock de marchandises ; c’est pour cela qu’il souhaite avoir un crédit de WAGES pour acheter 02 cartons de Milo pour le thé, 03 cartons de sucre Saint Louis, 01 carton d’eau de javel, 10 cartons de savons de toilette de différentes marques, des biscuits et divers autres articles.

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
  • 447.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Koffi to purchase a variety of food products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010