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Ayawo lives with his wife and their only child, who is 3 years old, in Lomé. He has started selling engine oil in a shop to all types of customers, both retail and wholesale, so that he can be a good father. Demand keeps rising, which is why he is requesting a second loan from WAGES so that he can buy some engine oil in Lomé. In the future, he would like to open more shops selling engine oil and spend a part of his income on his child's education.
Mr Ayawo vit avec sa femme et leur seul enfant de 03ans à Lomé. Pour bien jouer son rôle de père de famille, il a commencé par revendre de l’huile à moteur en gros et en détail à toutes personnes dans une boutique. La demande ne cesse d’accroitre c’est pour cela, il sollicite de WAGES un second prêt pour s’approvisionner à Lomé de l’huile à moteur. A l’avenir, il voudrait ouvrir d’autres boutiques de vente d’huile à moteur et impliquer une partie du revenu dans la scolarisation de son enfant.

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
  • 13
    View loans »
    Togo Loans Fundraising
  • $8,751,075
    Funds lent in using Kiva
  • 508.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ayawo to buy engine oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 3, 2012
Oct 2, 2012
Currency Exchange Loss:
Jul 19, 2013