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Mohamed A. makes a living working as an embroiderer and tailor. He started this business in 2007 to generate income for himself and his wife. He is requesting his first loan from WAGES of 400,000 CFA. With this loan, he plans to buy an embroidery machine that he can use to make more intricate designs and improve his products. This will attract new customers and increase his ability to provide good service to his current ones.

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
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,634,350
    Funds lent in using Kiva
  • 532.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Mohamed to buy an embroidery machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 21, 2010
Jun 17, 2010
Currency Exchange Loss:
Jun 16, 2011