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Afandemon
Afandemon, age 37, is married to a reseller. He has four children, out of whom two attend school. The oldest is 5 years old, the youngest is 2.

Afandemon has been working as a reseller since 1999. He buys electronic devices and resell them to a diverse clientele. He works alone in his business.

He is seeking his first loan from Kiva's partner, WAGES, in order to buy electronic devices. He wants to increase the profits of his business, which he would like to expand in the forthcoming years. He says that he intends to use his profits to improve the living standard of his family.
View original language description ↓
Afandemon est un homme âgé(e) de 37 ans. Il est marié å une revendeuse. Il a 4 enfants, dont 2 à l’école. Le premier a 5 ans et le dernier a 2 ans.
Afandemon travaille comme revendeur depuis 1999. Il achète et revend pour ses clients composés de toutes personnes des appareils électroniques. Il travaille seule dans son commerce.
Afandemon a requis son premier crédit de WAGES afin d’acheter des appareils electroniques. Il veut les profits supplémentaires dans l’activité.
Dans les prochaines années, Afandemon voudrait agrandir l’activité. Il dit qu’avec les profits, il prévoit améliorer les conditions de vie de sa famille.

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
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,590,025
    Funds lent in using Kiva
  • 481.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Afandemon to buy electronic devices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012