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Abalo
Abalo M. has requested a loan of 500,000 CFA to purchase 17 sacks of corn for his cereal selling business. He has worked selling corn and other grains for about 11 years. Abalo is 44 years old and married to another entrepreneur. He and his wife have four children. This is his first microloan from WAGES.

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
  • 537.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Abalo to purchase corn for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 27, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2011