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Kodjo is young currency exchange agent who is 28 years old. His trade involves exchanging small bills for large bills. He began this business in 2007 but always suffers from insufficient capital. He is requesting a loan from WAGES to increase the capital for his enterprise. With the help of future profits, he plans to purchase a motorbike in order to facilitate travel. He hopes that developing his business will enable him to guard against need in his future family.
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Kodjo est un jeune cambiste de 28 ans. Son métier consiste à échanger des billets de petites coupures contre des grosses coupures. Il a commencé cette activité en 2007 mais souffre toujours d'une insuffisance de capital pour son activité. Il sollicite auprès de Wages un crédit afin d'augmenter le capital de son entreprise. Il compte acheter à l'aide des futurs bénéfices de son activité une moto pour faciliter ses déplacements. Il espère que le développement de son activité permettra de prémunir sa future famille du besoin.

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
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,885,450
    Funds lent in using Kiva
  • 526.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD