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Folly has a revenue-generating business involving bottled gas. He has been in this business since 2006 and gets his supplies at the Autonomous Port of Lomé. He displays his merchandise on the roadside to draw the attention of those passing by. Currently, household gas consumption is high. Folly wants to seize this opportunity to maximize his profit. For this reason, he is requesting a loan from WAGES for buying a dozen bottles of gas.
View original language description ↓
folly exerce comme activité génératrice de revenu le commerce de bouteilles de gaz, il fait ce commerce depuis 2006 et s'approvisionne au port autonome de Lomé. il expose ses marchandises au bord de la route pour attirer le regard des passants. actuellement consommation de gaz des ménages est forte, il veut saisir cette opportunité pour maximiser son profit c'est pour cette raison qu'il sollicite de WAGES un crédit pour l'achat d'une douzaine de bouteilles de gaz

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
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,750,850
    Funds lent in using Kiva
  • 516.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Folly buying bottled gas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 23, 2010
Sep 8, 2010
Currency Exchange Loss:
Nov 15, 2011