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Tsalom K. is a single young man who lives in the Tokoin Wuiti quarter. To provide for his needs, he entered the top-up card trade in 2005. This trade is very good in Lomé because there are three cellular phone businesses and the Togolese use a lot of communication credit. He does his business moving place to place. Nowadays, his clients' demands are very high. He is asking for his first loan from WAGES to restock and purchase top-up cards from TogoCell, Moov, and Illico.
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Ce jeune homme est un célibataire et réside dans le quartier de Tokoin wuiti, pour subvenir à ses propres charges, il s’est lancée en 2005 dans le commerce de cartes de recharges, ce commerce marche très bien à Lomé, car il y a 3 entreprises de téléphonie mobile sur place et les togolais consomment beaucoup en crédit de communication, il fait ce commerce de façon ambulante. Actuellement la demande de ses clients est élevée pour se réapprovisionner, il sollicite donc de WAGES son premier crédit pour l’achat de cartes de recharges de TOGOCELL, MOOV et ILLICO.

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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

  • $1,500
    Average annual income
  • 17
    View loans »
    Togo Loans Fundraising
  • $8,806,250
    Funds lent in using Kiva
  • 486.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD