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Victorien
Victorin is a 59-year-old man who is married to a retailer. He has two children who no longer go to school. The first child is 31 years old, and the last is 26. Victorin has been working as a carpenter since 1978. He makes furniture for all comers to his workshop. He buys supplies in Lomé. He works alone. At the moment, his main difficulty is not being able to fulfill all the orders.

Victorin has requested his third WAGES loan for installing electricity in his workshop. He wants to reinvest in his business.

In the next few years, Victorin would like to increase his returns. With the profits. he says he plans to meet the needs of his family.
View original language description ↓
Victorin est un homme âgé de 59 ans. Il est marié å une revendeuse. Il a 2 enfants qui ne vont plus à l’école. Le premier a 31 ans et le dernier a 26 ans.
Victorin travaille comme menuisier depuis 1978. Il fabrique des meubles pour tous clients dans son atelier. Il achète les produits à Lomé. Il travaille seule. Au moment, sa difficulté principale est de ne pouvoir satisfaire à toutes les demandes.
Victorin a requis son troisième crédit de WAGES afin d’installer l’électricité dans son atelier. Il veut réinvestir dans l’activité.
Dans les prochaines années, Victorin voudrait accroître son rendement. Il dit qu’avec les profits, il prévoit de subvenir aux besoins 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
  • $8,676,950
    Funds lent in using Kiva
  • 523.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Victorien to install electricity in his eecond workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013