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Fati K. lives and works in the Agoé district of Lomé, Togo. She is 45 years old, married to a taxi driver, and has one child. Mrs. K. has been running her business from home since 2002. She sells a variety of grocery products as well as charcoal. This will be her first loan from WAGES which she will use to replenish her supply of groceries and charcoal. Approximately 75% of the total amount will go towards the purchase of charcoal and the remainder will be used to purchase any groceries needed for resale. With this loan, Mrs. K. will be able to keep her shelves full of food and her tins full of charcoal.

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
  • 485.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Fati to purchase charcoal and grocery supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 22, 2010
Mar 23, 2010
Currency Exchange Loss:
Apr 15, 2011