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Amévi
Amevi is 35 years old; he lives in Lome with his wife and children, who are between three and fifteen years of age. The two oldest children go to school. Amevi’s wife works in retail.
Amevi also is in retail: for nine years, he has been purchasing and reselling auto parts, notably batteries. These days, he employs two persons in his store.
Amevi is requesting a loan from Wages to increase his stock of spare parts. His plan is to use the profit to build a third store. He is hoping that revenues from his business will allow him to send his children to school.
View original language description ↓
Amevi a 35 ans, il vit à Lomé avec sa femme et ses enfants qui ont entre 3 et 15 ans. Les deux plus âgés sont scolarisés. L'épouse d’Amevi est revendeuse. Amevi est lui aussi revendeur. Depuis 9 ans il achète et revend des pièces détachées d'auto en particulier des batteries. Il emploie à ce jour deux personnes dans sa boutique. Amevi sollicite un crédit auprès de Wages dans le but d'augmenter son stock en pièces détachées. Il a pour projet d'utiliser les bénéfices qu'il fera pour la construction d'une troisième boutique. Il espère que les revenus de son activité permettront d'assurer la scolarité de ses trois 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

  • $1,500
    Average annual income
  • 1
    View loans »
    Togo Loans Fundraising
  • $8,803,250
    Funds lent in using Kiva
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD