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Yaovi
An iron welder by profession, Mr. Yaovi is married to a retailer. They have one child who is 8 months old. At the end of his apprenticeship, he opened a workshop in an area of the place where he practices his business. At times, he is confronted with competition, and, to compensate for this problem, he is asking WAGES for a second loan to buy welding materials. With the profits he makes, he would like to reinvest in his business, while also taking care of his family. Let's note that he has worked in this business for five years.
Soudeur ferrailleur de profession, mr Yaovi est marié à une revendeuse. Ils ont 01 enfant de 08 mois. A la fin de son apprentissage, il a ouvert un atelier dans un quartier de la place ou il exerce son activité. Il est par moment confronté à la concurrence et pour pallier ce problème, il sollicite de WAGES un second crédit pour acheter des matériels de soudure. Avec les profits réalisés, il voudrait réinvestir dans l’activité tout en prenant soin de sa famille. Notons qu’il est dans ce domaine il y a 05ans.

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
  • 8
    View loans »
    Togo Loans Fundraising
  • $8,666,900
    Funds lent in using Kiva
  • 508.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Yaovi to buy welding materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013