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Akossiwa is a retailer of grocery items and sewing supplies. She is 33 years old and lives in Lomé with her husband, a retailer, and her two children, aged 6 and 10, both in school. She started her business twelve years ago. Today, she employes one salaried worker to help her.

Akossiwa is completing her third loan cycle at WAGES. She again is requesting a loan to increase her stock of grocery items and more. She plans to redeploy the profits to be made in order to renovate her shop. Over the long term, she hopes to be able to open a second shop.
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Akossiwa est revendeuse de produits d'alimentation générale et de mercerie. A 33 ans, elle habite à Lomé avec son mari revendeur et ses 2 enfants âgés de 6 et 10 ans et allant tous deux à l'école. Akossiwa a commencé son activité il y a 12 ans et emploie aujourd'hui une salariée pour l'aider. Akossiwa réalise son troisième cycle de prêt chez Wages. De nouveau elle a sollicité un crédit afin d'augmenter son stock en produits alimentation générale et autres. Elle compte réemployer les profits qu'elle réalisera à l'aménagement de sa boutique. Elle espère à plus long terme pouvoir ouvrir une seconde boutique.

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
  • 3
    View loans »
    Togo Loans Fundraising
  • $8,805,650
    Funds lent in using Kiva
  • 526.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD