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Pascal
Pascal is 40 years old and married, and he has three children, aged 3, 6, and 9 years old. The two oldest are in school now. His spouse is a seamstress. Pascal has been working as a tailor by trade for sixteen years. He needs extra machines for developing his business and satisfying his customers overall. For these reasons, he is requesting a loan from our institution. He would like to buy a sewing machine and an overcasting machine. Pascal will reinvest the profits made from his enterprise. He hopes to own another workshop one day and ensure a good quality of life for his family.
View original language description ↓
Pascal a 40 ans, il est marié et a trois enfants de 3, 6 et 9 ans. Les deux plus âgés sont aujourd'hui scolarisés. L'épouse de Pascal est couturière. Pascal exerce depuis 16 ans la profession de tailleur. Pascal a besoin de machines supplémentaires pour développer son activité et satisfaire les clients sur tous les plans. C'est pour cela, il sollicite un crédit dans notre institution. Il désire acheter une machine à coudre et une machine de surfilage. Pascal réinjectera les profits réalisés dans son entreprise. Il espère avoir un jour posséder d'autre atelier et assurer à sa famille un bon niveau de vie.


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

Success!! The loan was 100% repaid

A loan of $575 helped Pascal to buy a sewing machine and an overcasting machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013