Check out other loans that are currently fundraising!
42 years old and married to a trader, Ambroise is the father of 3 children - all of whom attend school. The eldest is 9 and the youngest 3 years old. As there are not enough millers in the area to meet local demand, he decided to start a mill in 2008 in order to grind corn, meal, sorghum and others. He does this at his home, and his main problem is a lack of funds.
He is seeking this first loan through WAGES in order to buy accessories to build the mill. With the profit, he wants to open a small grocery store and to have a second mill.
View original language description ↓
Agé de 42ans et marié à une revendeuse, Ambroise est papa de 03 enfants tous scolarisés. Le premier a 09ans et le dernier 03ans. Vu qu’il n’ya pas assez de meunier dans leur quartier pour répondre aux besoins des clients, il a décidé de créer en 2008 un moulin pour moudre du maïs, du mil, du sorgho et autres. Il le fait à la maison et sa difficulté est l’insuffisance de fonds. Il sollicite de WAGES ce premier prêt pour acheter des accessoires pour monter le moulin. Il veut avec le profit ouvrir une boutique d’alimentation générale et avoir un second moulin.

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

  • $1,500
    Average annual income
  • 13
    View loans »
    Togo Loans Fundraising
  • $8,894,800
    Funds lent in using Kiva
  • 517.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD