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Fatouma K. is 29 years old. She has three children and her husband works in the military. Mrs. K. works in the Grand Marché de Hedzranawoé selling snacks and staple food products. She began this business in 2005 and is now asking for her first loan from WAGES. Fatouma will use the majority of this loan to purchase cookies for resale and the remainder will go towards spaghetti and any other products she needs to keep her customers satisfied.

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
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,750,850
    Funds lent in using Kiva
  • 486.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Fatouma to purchase of cookies, spaghetti and other food items for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 24, 2010
Feb 26, 2010
Currency Exchange Loss:
Mar 24, 2011