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Yawogan is a young clothing seller. He started this business this year. He has a shop where he sells pants and shirts. Yawogan has some problems in his sales because the diversity in his inventory is inadequate. With the goal of increasing it, he is requesting a loan from the microfinance institution WAGES. His plans include reinvesting his profits into his enterprise. Later on, he would like to develop his business, so as to be able to open another shop for his future wife.
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Yawogan est un jeune vendeur de vêtements. Il a commencé cette année son activité. Il possède une boutique où il vend des pantalons et des chemises. Yawogan a des difficultés dans ses ventes car la diversité de son stock est insuffisante. C'est dans le but de l'augmenter qu'il sollicite un crédit chez Wages. Il a pour projet de réinvestir ses profits dans son entreprise. Il aimerait pour plus tard développer son activité de manière à pouvoir ouvrir une autre boutique pour sa future femme.

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
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,750,250
    Funds lent in using Kiva
  • 533.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
A loan of $775 helped Yawogan to buy bales of secondhand clothing.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 16, 2012
Aug 14, 2012
Currency Exchange Loss:
Sep 13, 2012