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M'banime
M’Banine is a young 29 year old woman with 2 children who are 2 and 4 years old respectively. After training as a hairdresser and receiving her diploma, she opened her own salon in 2005 where she also sells hair extensions and cosmetics. After her experience with her first loan, she is requesting a second loan from WAGES to buy cosmetics and hair extensions. She hopes to increase her turnover to improve the living conditions of her children.
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M’Banine est une jeune femme de 29 ans avec 02 enfants âgés respectivement de 04 et 02 ans. Après une formation de coiffure sanctionnée de diplôme, elle ouvre son propre salon de coiffure en 2005 où elle vend également des mèches et des produits cosmétiques. Suite à son expérience de premier prêt, elle sollicite un second crédit auprès de WAGES pour l’achat des produits cosmétiques et des mèches. Elle souhaite augmenter son chiffre d’affaire pour améliorer les conditions de vies de ses enfants.

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
  • 3
    View loans »
    Togo Loans Fundraising
  • $8,637,200
    Funds lent in using Kiva
  • 508.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped M'banime to buy hair extensions and cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013