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Koffi is a 31-year old man. He is a parent with two dependents. He is a learned coppersmith; in order to increase his revenues he started retailing aluminum and iron scrap. He has three years of experience in this business. He would like to replenish his stock and seeks a loan from WAGES to purchase 200 kg [440 lbs] of aluminum and 150 kg [330 lbs] of iron scrap.
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Koffi est un homme de 31 ans, il est père de famille avec 2 personnes à charge. Il a appris la chaudronnerie et pour augmenter ses sources de revenu il a commencé la vente en détail d’aluminium et de ferraille. Il a une expérience de3 ans dans ce commerce. Il veut s’approvisionner , il sollicite de WAGES un crédit pour l’achat de 200Kg d’aluminium et 150 KG de ferraille.

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
  • 476.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Kofi purchasing iron scrap and aluminum.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 23, 2010
Oct 21, 2010
Currency Exchange Loss:
Oct 15, 2011