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Afiwo
Mrs Afiwo is a young and dynamic 31 year old woman married to a mechanic. They have three children, two of whom sit on the benches of school. In order to help her partner in taking care of household activities, she began to sell homemade bread in 2002. She distributes this bread to customers and other persons living nearby come stock up on her products. Her main challenge is payment delays. She is asking for this first loan from WAGES in order to purchase wheat flour and sugar in Lomé in order to make bread. She hopes to use the profits earned to continue growing her business, attend to the needs of her family and in the future purchase land for herself.
View original language description ↓
Jeune dame dynamique de 31ans, Madame Afiwo, est mariée à un mécanicien. Ils ont 03 enfants dont 02 sur les bancs de l’école. Pour prêter main forte à son conjoint, elle a démarré en 2002 la vente de pain qu’elle fait elle même à domicile. Elle le distribue à ses clients et certaines personnes viennent auprès d’elle pour s’approvisionner. Sa difficulté principale est le retard dans les paiements. Avec ce premier cycle qu’elle sollicite à WAGES, Madame Afiwo veut acheter de la farine de blé et du sucre à Lomé pour la fabrication du pain. Avec le profit, elle veut prospérer son activité, subvenir aux besoins de la famille et payer plus tard un terrain pour soi- même.

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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,676,950
    Funds lent in using Kiva
  • 533.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Afiwo purchase wheat flour and sugar.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2012