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Kofi is a 37-year old man. His wife works as a vendor. He has two children, one of whom is in school. The older child is eight years old, and the younger is two. Koffi has been selling corrugated sheet metal since 2007. He sells to the public at large in a store. His main challenge is a slump in sales. Koffi has requested his first loan from WAGES to buy corrugaged sheet metal. He would like to reinvest in his business. In the future, Koffi would like to make his business stable and profitable. He says that his revenues will help keeping his family happy.
View original language description ↓
Koffi est un homme âgé de 37 ans. Il est marié å une revendeuse. Il a 02 enfants, dont 01 à l’école. Le premier a 08 ans et le dernier a 02 ans.
Koffi travaille comme revendeur de tôles ondulés depuis 2007. Il vend à toutes personnes dans une boutique. Sa difficulté principale est la mévente.
Koffi a requis son premier crédit de WAGES afin d’acheter des tôles ondulés. Il veut réinvestir dans l’activité de tôles
Dans les prochaines années, Koffi voudrait rendre l’activité durable et productive. Il dit qu’avec les profits, Il prévoit avoir une famille heureuse.

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
  • 490.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Koffi to buy corrugaged sheet metal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 21, 2011
Jan 1, 2012
Currency Exchange Loss:
Oct 17, 2012