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Kokouvi
A young man, 33 years old, Mr. Kokouvi is married to a hairdresser. He supports two children, aged 12 and 8 years old, who go to school. Mr. Kokouvi has been repairing and selling mills (grinders) in a store since 1991. This business will bring in the revenues enabling him to meet the vital needs of his family. To satisfy his customers further, he is requesting a second WAGES loan to buy a generator for his mills. He wants to reinvest the extra profits into the business, open another shop later on, and ensure a better future for his family.
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Jeune homme de 33ans, Mr Kokouvi est marié à une coiffeuse. 02 enfants sont à leur charge, âgés de 12 et 08ans, ils vont à l’école. Il est réparateur et revendeur de moulins dans une boutique depuis 1991. Cette activité lui procure des revenus lui permettant d’assurer le minimum vital à sa famille. Pour mieux satisfaire ses clients, il sollicite de WAGES un second prêt pour s’acheter de la dynamo pour moulin. Il veut réinjecter les profits supplémentaires dans l’activité, ouvrir d’autres boutiques plus tard et assurer un avenir meilleur à sa 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

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,706,700
    Funds lent in using Kiva
  • 533.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Kokouvi to buy a generator for his mills.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013