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Monnaye
In 2008 this woman began a business selling pagnes (colorful West African cloth) and jewelry. She gets her supplies from the main market in Lomé.

As she wants to beef up her stock supply to boost her business, she is requesting a loan from Wages, so she can buy around 20 pagnes of varying quality and a selection of jewelry.

She is married without children, and wants to devote part of her earnings to household expenses and the rest to her business.
View original language description ↓
En 2008, cette femme a commencé le commerce de pagnes et de bijoux, elle s’approvisionne au grand marché de Lomé, elle veut gonfler son stock pour dynamiser son commerce, elle sollicite alors de WAGES un crédit afin d’acheter une vingtaine de pagnes de différentes qualités et divers bijoux.
Elle est mariée mais n’a pas d’enfants, elle investit une partie de ses bénéfices dans les charges du foyer et l’autre partie dans son commerce

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
  • 3
    View loans »
    Togo Loans Fundraising
  • $8,634,350
    Funds lent in using Kiva
  • 486.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Monnaye buy pagnes and jewelry.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Mar 31, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011