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Kodjo
Kodjo is 46 years old and lives in Lomé with his wife and three children, aged 8, 12 and 15 years old, who go to school. His wife is a dressmaker by trade. As for his part, Kodjo has been a taxi driver for over ten years. He is requesting a third loan from WAGES to be able to finance the purchase of a car. The profits to be made will enable him to ensure that his family's schooling and health care costs are covered. Over the long term, he would like to be able to buy more vehicles in order to set up a taxi company.
View original language description ↓
Kodjo a 46 ans il vit à Lomé avec sa femme et ses trois enfants âgés de 8, 12 et 15 ans et allant à l'école. L'épouse de Kodjo exerce la profession de couturière. Kodjo est pour sa part chauffeur depuis plus de 10 ans. Il sollicite un troisième crédit auprès de Wages afin de pouvoir financer l'achat d'une voiture. Les profits qu'il réalisera lui permettront d'assurer la scolarité et la santé de sa famille. A long terme il aimerait pouvoir acheter d'autres véhicules afin de monter une entreprise de taxi.


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
  • $8,706,700
    Funds lent in using Kiva
  • 526.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Kodjo to purchase a car for his taxi business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013