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Biodun is a young man aged 31, who is married to a dressmaker and has a 2-year-old child. He works as a reseller in a store, where he sells telephone refill cards, clothing (second-hand) and canned fruit juices to all manner of people. He has a lot of customers and cannot meet all their requests, as he lacks money.

Biodun has requested help from WAGES to increase his supply of merchandise. He wants to invest in a secondary business, and will save the rest of the loan. In the future he would like to become a canned fruit juice and refill card wholesaler, as well as to provide for his family.
View original language description ↓
Maré à une couturière, Mr Biodun est un jeune homme de 31ans qui a 01 enfant âgé de 02ans. Il est revendeur et exerce cette activité dans une boutique à toutes personnes. Il commercialise des cartes de recharges, d’habits (friperies) et des jus de fruit en canettes. Il a assez de clients et n’arrivant plus à les supporter à cause du manque d’argent, il sollicite l’aide de WAGES pour augmenter son stock de marchandises. Il veut investir dans une autre activité secondaire et épargner le reste. A l’avenir, il voudrait devenir grossiste pour la vente de cartes de recharges et des jus de fruit en canettes, subvenir aux besoins de la 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

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,854,875
    Funds lent in using Kiva
  • 541.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Biodun to buy telephone refill cards, second-hand clothing, and canned fruit juices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 5, 2012
Jul 26, 2012
Currency Exchange Loss:
Apr 18, 2013