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Aku
This lady is courageous and very dynamic, she is married and is the mother of 2 children. In 2007, to help her husband with daily household expenses, she started a trade of charcoal bags that she purchases from the town of Sokode in the center of the country. She is able to make good margins on her sales. Wishing to replenish her stock of charcoal that is getting low, she is requesting a loan from WAGES to pay for the purchase of 15 bags of charcoal and their transportation.
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Cette dame est une femme courageuse et très dynamique, elle est mariée et mère de 02 enfants, pour aider son époux dans les charges quotidiennes du foyer elle a débuté en 2007 le commerce de sacs de charbons de bois, elle s’approvisionne à l’intérieur du pays dans la ville de Sokodé. Ainsi elle arrive à réaliser de bonnes marges bénéficiaires sur ses ventes. Voulant se réapprovisionner en charbons de bois parce que son stock en baisse, elle sollicite de WAGES un crédit pour l’achat de 15 sacs de charbons de bois et assurer le transport de cette marchandises.

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
  • 434.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $350 helped Aku purchase and transportation of charcoal bags for their local retail.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010