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Yao
This gentleman did not have an extensive education; very early on he learned to be a carpenter. In 2001, after his training, he opened his own workshop in his area. He makes furniture himself that he sells to his customers. He displays his furniture in front of his workshop to attract the attention of passersby. He has received orders from his customers that he cannot execute because he does not have enough planks of wood; he is thus seeking a loan through WAGES (one of Kiva's field partners) to buy 30 planks and various other materials.
He is married and has two children. It is with the income from his business that he provides for his family.
Ce monsieur n’a pas fait de grandes études, très tôt il a appris la menuiserie, après sa formation, il a ouvert en 2001 son propre atelier dans son quartier. Il fabrique lui-même des meubles qu’il vend à ses clients. Il expose les meubles devant son atelier pour attirer le regard des passants. Il a reçu des commandes de ses clients qu’il ne peut exécuter parce que ne disposant pas suffisamment de planches, il sollicite alors de WAGES un crédit pour l’achat de 30 planches et divers matériaux.
Il est marié et père de 02 enfants, c’est avec le revenu de son commerce qu’il subvient aux charges des 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
  • 11
    View loans »
    Togo Loans Fundraising
  • $8,666,900
    Funds lent in using Kiva
  • 439.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,150 helped Yao to buy planks of wood and accessories.
99% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011