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Téko
Téko is 39 years old and lives with his wife, who is a dressmaker, and their children in Lomé. In 2005 he began selling telephone recharge cards on the side of the road. He gets his supplies from telecommunication companies and is requesting a first loan from WAGES to buy recharge cards. He would like to become a wholesaler in the future and have his family living in good conditions.
View original language description ↓
Téko âgé de 39ans vit avec sa femme couturière et leurs enfants à Lomé. En 2005, il a commencé par vendre des cartes de recharges au bord de la route. Il s’approvisionne chez les sociétés de télécommunication et sollicite un premier crédit à WAGES pour acheter des cartes de recharges. A l’avenir, il voudrait devenir grossiste et voir sa famille vivre dans de bonnes conditions.

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
  • 9
    View loans »
    Togo Loans Fundraising
  • $8,671,525
    Funds lent in using Kiva
  • 503.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Téko to buy telephone recharge cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013