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Magnoudewa
Magnoudewa is a 44-year-old woman. She is a widow. She has three children with one in school. The oldest is 28 and the youngest is 15.
Magnoudewa has worked as a seamstress and retailer since 1991. She makes clothes, sells grains, vegetables and charcoal to people at their homes. She purchases her products in Lome and works alone. At this time, her biggest challenge is competition.
Magnoudewa has requested her fourth loan from WAGES to purchase yams, charcoal and other vegetables. She wants to reinvest in her business.
In the future, Magnoudewa would like to broaden the scope of her business. With her profits, she wants to ensure a happy future for her family.
View original language description ↓
Magnoudewa est une femme âgée de 44 ans. Elle est veuve. Elle a trois enfants, dont un à l’école. Le premier a 28 ans et le dernier a 15 ans.
Magnoudewa travaille comme couturière et revendeuse depuis 1991. Elle coud des habits, vend des céréales, des légumes et du charbon de bois pour tous clients à domicile. Elle achète les produits à Lomé. Elle travaille seule. Au moment, sa difficulté est la concurrence sur le marché.
Magnoudewa a requis son quatrième crédit de WAGES afin d’acheter des ignames, du charbon de bois et des légumes. Elle veut réinvestir dans l’activité.
Dans les prochaines années, Magnoudewa voudrait agrandir la taille de son activité. Elle dit qu’avec les profits, elle prévoit d’assurer un avenir heureux à 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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Magnoudewa to purchase bags of charcoal, grains and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012