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Essowavana
Essowavana is a 39-year-old woman. She is married to a clerk. She has six children, two of whom attend school.
Essowavana has worked as a retailer since 1990. She sells red palm oil, cereals, and charcoal to all types of customers at a bus station. She buys her products in Lomé. She works by herself. At the moment, her main difficulty is being unable to satisfy all of her customers.
Essowavana has requested her first loan from WAGES in order to buy red palm oil. She wants to reinvest in her business.
In the coming years, Essowavana would like to develop her business. She says that with the profits, she intends to ensure her family's well-being.
Essowavana est une femme âgée de 39 ans. Elle est mariée å un employé. Elle a 6 enfants, dont 2 à l’école.
Essowavana travaille comme revendeuse depuis 1990. Elle vend de l’huile rouge, des céréales et du charbon de bois pour tous clients dans une gare routière. Elle achète les produits à Lomé. Elle travaille seule. Au moment, sa difficulté principale est de ne pas pouvoir satisfaire tous ses clients.
Essowavana a requis son premier crédit de WAGES afin d’acheter de l’huile rouge. Elle veut réinvestir dans l’activité.
Dans les prochaines années, Essowavana voudrait développer son activité. Elle dit qu’avec les profits, elle prévoit d’assurer le bien être 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
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,707,225
    Funds lent in using Kiva
  • 496.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Essowavana to buy red palm oil, maize, and firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
May 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2013