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Adoté
Adoté has been selling electronic equipment for nine years. He is 31 years old and lives in Lomé with his wife and his two children, aged 2 and 6. Adoté’s wife makes clothing. Because of a recent decline in business, he would like to reinvest in order to become a more active salesman and a wholesaler. With this goal in mind he is requesting a loan through Wages. He plans to use the profits that he’ll make to reinvest in his business. His priority is to earn sufficient income to allow him to provide an education for his children.
View original language description ↓
Adoté est vendeur d'appareils électroniques depuis 9 ans. A 31 ans, il habite à Lomé avec sa femme et ses deux enfants de 2 et 6 ans. La femme de Adoté est couturière. Suite à un ralentissement récent de son activité il désir réinvestir pour devenir un vendeur plus important, voire un grossiste. Dans ce but il sollicite un crédit auprès de Wages. Il compte utiliser les profits qu'il réalisera en les réinvestissant dans son activité. Sa priorité est de gagner un revenu suffisant pour garantir la scolarité de ses deux 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

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,637,200
    Funds lent in using Kiva
  • 531.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Adoté to buy electronic equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013