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Akoélé is a 55-year-old widow. She has five children. The oldest is 40 years old and the youngest 28.

Akoélé has been selling candy, candles, toilet paper and insecticide strips at the market since 1997. She is suffering from a lack of capital.

Akoélé therefore requested a first loan from WAGES in order to restock on candy, candles, toilet paper and insecticide strips. She is hoping to be able to reinvest her profits in her business. In the long run, she wishes to open a store to sell groceries and various items. She would also like to open other stores for her family.
View original language description ↓
Akoélé est une veuve de 55 ans. Elle a 5 enfants. Le plus âgé a 40 ans et le plus jeune 28.
Akoélé vend des bonbons, des bougies, du papier hygiénique ainsi que des insecticides serpentins depuis 1977 sur le marché. Elle souffre d’un manque de fonds.
Akoélé a donc demandé un premier prêt chez WAGES afin de s’approvisionner en bonbons, bougies, papier hygiénique et insecticides serpentins. Elle espère pouvoir réinjecter les profits dans l’activité. A terme, elle souhaite ouvrir une boutique d’alimentation générale et de produits divers. Elle aimerait également ouvrir d’autres points de vente pour 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
  • 3
    View loans »
    Togo Loans Fundraising
  • $8,634,350
    Funds lent in using Kiva
  • 525.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Akoélé to buy candy and insecticide.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 1, 2012
Jul 1, 2012
Currency Exchange Loss:
May 17, 2013