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Patrick
Patrick lives in Lomé with his wife and two children, aged 8 and 12 years old. His two children are in school. His wife is a grocer. Patrick is 47 years old and sells mobile minutes recharge cards. He is requesting a loan from WAGES to develop this business. He would like to increase his inventory with the goal of becoming a wholesaler one day. With regard to the family, he would like to ensure a better education for his children.
View original language description ↓
Patrick vit avec sa femme et ses deux enfants de 8 et 12 ans à Lomé. Ses deux enfants sont scolarisés. La femme de Patrick est revendeuse de produits d'alimentation générale. A 47 ans, Patrick est vendeur des cartes de recharge, il sollicite un crédit auprès de Wages afin de développer cette activité. Il désire augmenter son stock dans le but de devenir un jour grossiste. Sur le plan familial il aimerait assurer une meilleure scolarisation à ses enfants.

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
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,707,225
    Funds lent in using Kiva
  • 533.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Patrick to buy mobile phone recharge cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013