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Essavi
Essavi W. was born on September 24, 1953 in Treichville (Republic of Cote d'Ivoire). She is married and the mother of two, and she lives with her husband, Victor d’ALMEIDA, who is employed at the DGI (the department of revenue). This is her second loan, and her main business is commerce in pagnes (colorful print fabrics) at the Grand Market in Lomé, where she started in 2005. She buys pagnes from wholesalers and displays them for sale. Having increased her working capital through her first loan of 350,000 francs CFA that she has by the way repaid promptly, she has increased her profits while meeting customer needs. The loan of 500,000 francs CFA that she is requesting should enable her to serve her customers better by acquiring 30 bolts of GTP-brand pagnes. She can then create a new retail outlet in order to improve her sales.
Translated from French by Dan Kuey, Kiva Volunteer

Madame W. Essavi est née le 24 Septembre 1953 à Treichville (République de Côte d’Ivoire). Mariée et mère de 2 enfants, elle vit avec son mari dénommé d’ALMEIDA Victor employé à la DGI (Direction Générale des Impôts).Elle est à son deuxième crédit et son activité principale est le commerce de pagne au Grand Marché de Lomé qu’elle a débutée en 2005 . Elle achète chez les grossistes et les dispose en étalage.
Ayant augmenté son fonds de roulement à travers son premier crédit de 350000 f cfa qu’elle a d’ailleurs promptement remboursé, elle a amélioré son bénéfice en satisfaisant les besoins de sa clientèle.
Le crédit qu’elle sollicite d’un montant de 500000 f cfa devait lui permettre de mieux servir ses clients à travers l’achat de 30 pièces de pagne de marque GTP pour la création d’un nouveau de point de vente en vue d’améliorer ses ventes.

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
  • 15
    View loans »
    Togo Loans Fundraising
  • $8,751,075
    Funds lent in using Kiva
  • 426.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Essavi to buy inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2008
Listed
Mar 7, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009