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Kossi
Mr. Kossi is 32 years old and the father of a 10-month old baby. His wife is a vendor. In 2004, he has started selling scrap metal from a store. He sells alone and has numerous customers. To strengthen his business, he is seeking a third loan from WAGES, hoping to repay it well, just as he has repaid two prior loans without any issues. Thanks to his profits, he hopes to boost his wife’s business. As to his long-term goals, he would like to grow his business by opening more stores in the town of Lomé as well as provide a nurturing environment for his child.
View original language description ↓
Mr Kossi est âgé de 32ans. Père d’un bébé de 10 mois, il est marié à une revendeuse. En 2004, il s’est donné à l’activité de vente de ferrailles dans une boutique. Il le vend seul à ses nombreux clients. Pour renforcer cette activité, il sollicite de WAGES un troisième crédit et espère bien le rembourser car les deux derniers ont été soldé sans probléme. Avec les profits réalisés, il espère améliorer l’activité de sa femme. Comme perspectives d’avenir, il veut développer son activité en ouvrant des boutiques dans la ville de Lomé et permettre à son fils de 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
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,750,250
    Funds lent in using Kiva
  • 541.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Kossi to buy scrap metal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013