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Ablavi
Magbéfon is a 40-year old woman who is married to a surveyor and has six children. She has been working as a retailer of "pagnes" (pieces of brightly coloured fabric) and other items since 2001. She sells to her customers from home and buys her goods in Lomé. Magbéfon has been granted her fourth loan from WAGES in order to be able to buy "pagnes". In the coming years, she would like to open a shop in order to be able to meet client demand more readily.
View original language description ↓
Magbéfon est une femme âgé(e) de 40 ans. Elle est mariée å un topographe et a 06 enfants.
Magbéfon travaille comme revendeuse de pagnes et divers depuis 2001. Elle vend à ses clients à domicile. Ses achats se font à Lomé.
Magbéfon a requis son quatrième crédit de WAGES afin d’acheter des pagnes.
Dans les prochaines années, Magbéfon voudrait ouvrir une boutique afin de répondre plus à la demande de la clientèle.

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
  • $8,706,700
    Funds lent in using Kiva
  • 493.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Ablavi to buy "pagnes" and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012