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Roufai is 24 years old and the father of a young child, aged 3. His wife is a retailer. He has also been a retailer by trade for three years. He sells televisions, amplifiers, and all sorts of tech accessories. Roufai has need of starting capital to be able to ensure his sales. This is why he is now taking on a second loan with the microfinance institution WAGES. He intends to use his future profits to reinvest in his enterprise. He hopes to open a second shop later on, but his priority is still to meet his family's needs for health care.
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Roufai a 24 ans, il est père d'un jeune enfant âgé de 03ans. Sa femme est revendeuse. Il exerce également depuis 3 ans la profession de revendeur. Il vend des télévisions, des amplis et toutes sortes d'accessoires techniques. Roufai a besoin d'un capital initial important pour pouvoir assurer ses ventes. C'est pour cela il engage aujourd'hui un deuxième prêt chez WAGES. Il compte utiliser ses futurs profits pour réinvestir dans son entreprise. Il espère ouvrir plus tard une deuxième boutique mais sa priorité reste de subvenir aux besoins en santé de 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

  • $1,500
    Average annual income
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,806,250
    Funds lent in using Kiva
  • 533.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD