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Kpongbede
Madame Kpongbede is a young 35 year old lady. She is married to a taxi driver and has 03 children in her care who are all in school. They are 6, 9 and 12 years old. Since 1994 she has been selling frozen products, sugar and salt in a market in Lome. This is her first loan from the microfinance institution WAGES. She will use the amount to buy supplies so that she can better serve her customers. She would like to have a cold room for the sale of frozen products and open more points of sale. Her main difficulty is the competition in the area.
View original language description ↓
Madame Kpongbede est une jeune dame de 35ans. Elle est mariée à un chauffeur de taxi et a en charge 03 enfants tous sur les bancs de l’école. Ils sont âgés de 12,09 et 06ans. Depuis 1994, elle s’est donnée à l’activité de produits congelés, de sucre et sel dans un marché de la ville de Lomé. Elle est à son premier crédit de WAGES et ce montant lui servira à s’approvisionner en marchandises pour mieux vendre aux clients. Elle veut avoir une chambre froide pour la vente des produits congelés et multiplier ses points de service. Sa difficulté est la concurrence sur le terrain.

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
  • $8,666,900
    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 Kpongbede to buy frozen products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013