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Koffi
Koffi is 31 years old. He is married to a reseller of cosmetic products, and the couple have three children aged 3 to 12, two of them in school.

Koffi started selling second-hand clothing in 2001 to support his family. He has four helpers to assist him in this activity. He buys his merchandise in Lomé. His main difficulty is a drop in sales.

He is seeking his first loan from WAGES to buy bales of used clothing. He wants to expand his business and add new locations. He also wants to ensure his family’s well-being.
Koffi est un homme de 31ans. Il est marié à une revendeuse de produits cosmétiques et a 03 enfants dont 02 à l’école. Le premier a 12ans et le dernier 03ans. Pour subvenir aux besoins de la famille, il a commencé par vendre en 2001 de la friperie. 04 personnes l’aident dans l’exercice de son activité et il s’approvisionne à Lomé. Sa difficulté principale est la mévente. Il sollicite ce premier crédit de WAGES pour acheter des bal de friperie. Il veut élargir et multiplier ses lieux de vente et voir ses membres de famille s’épanouir.

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
  • 1
    View loans »
    Togo Loans Fundraising
  • $8,592,975
    Funds lent in using Kiva
  • 506.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD