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Mawuena is a young married man of 30, with no children. He is a vendor of frozen products. Being a new business (he started his business in 2011) he has problems running out of stock, and this directly influences the level of satisfaction of his customers. In order to solve this issue, he is requesting his first loan with WAGES in order to strengthen his business.
He intends to invest the profit back into his business in order to be able to purchase refrigeration units for wholesale distribution.
View original language description ↓
Mawuena est un jeune marié sans enfant de 30 ans, revendeur de produits congelés. Étant encore à ses débuts c'est-à-dire qu’il a débuté son commerce en 2011, il rencontre des difficultés de rupture de stock qui influencent directement le degré de satisfaction des clients. Pour pallier à ce problème, il sollicite son premier crédit auprès de WAGES pour renforcer son activité. Il compte réinvestir le profit dans son activité afin de pouvoir s’acheter des réfrigérateurs pour la distribution en gros.

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
  • 508.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
A loan of $1,000 helped Mawuena to purchase frozen food products.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 26, 2012
Nov 1, 2012
Currency Exchange Loss:
Nov 30, 2012