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Kondo
Kondo is a 35-year-old woman. She is married to a retired man. She has two children who are both in school. The eldest child is ten years old, and the youngest is seven. Kondo has been working as a retailer since 2005. She sells grains, firewood, and yam tubers from home to a wide range of clients. She buys her products in Lomé. She works on her own. For the time being, her biggest problem is not having enough goods in stock.

Kondo has asked for a second loan from WAGES in order to buy grains, yams tubers, and firewood. She wants to reinvest in her business and save a portion of it.

In the coming years, Kondo would like to grow her business. She says that she plans to cover her family's basic needs with the profit that she earns.
View original language description ↓
Kondo est une femme âgée de 35 ans. Elle est mariée å un retraité. Elle a 2 enfants qui vont à l’école. Le premier a 10 ans et le dernier a 7 ans.
Kondo travaille comme revendeuse depuis 2005. Elle vend des céréales, du bois de chauffe et des tubercules d’igname pour tous clients à domicile. Elle achète les produits à Lomé. Elle travaille seule. Au moment, sa difficulté principale est la rupture de stock.
Kondo a requis son second crédit de WAGES afin d’acheter des céréales, des tubercules d’igname et du bois de chauffe. Elle veut réinvestir dans l’activité et épargner une partie.
Dans les prochaines années, Kondo voudrait agrandir la taille de son activité. Elle dit qu’avec les profits, elle prévoit d’assurer les besoins vitaux 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
  • 7
    View loans »
    Togo Loans Fundraising
  • $8,666,900
    Funds lent in using Kiva
  • 499.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Kondo to buy grains, yams, and make the local drink.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013