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Adoté Novignon
Monsieur Adoté A. is 29 years old and lives in Lomé, Togo. He is married to an accountant and they have one child.

Recently, Adoté purchased a motorcycle for his business as a motorcycle taxi driver in the city. Here in Lomé, this is a lucrative business. Moto-taxis, or Zemidjans as they are called here, are the most common form of transportation in the city. With this new motorcycle he will be able to attract more customers and provide a better service to his clients as well. He has requested a loan of 500,000 CFA for the purchase, insurance, and plates for this new motorcycle.

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
  • 16
    View loans »
    Togo Loans Fundraising
  • $8,750,850
    Funds lent in using Kiva
  • 508.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Adoté Novignon to purchase a motorcycle, insurance, and registration.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2010
Listed
Jul 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011