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A mother of two children, of whom one is in school, Akoko is married and 34 years old. Her first child is 5 years old, and the last is 3. Akoko has been ensuring the retail distribution of grocery items in her store since 2010. Her business being short of working capital, she is requesting her first loan from WAGES to invest in her business. Her profits will go toward savings. She would like to include commerce in 'pagnes' (the colorful cloth of western Africa) in the near future and to do better in ensuring her children's education.
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Mère de 02 enfants dont 01 scolarisé, Akoko est mariée et est âgée de 34 ans. Son premier enfant a 05 ans et le dernier a 03 ans. Elle assure la distribution en détail des produits d’alimentation générale depuis 2010 grâce à sa boutique. Son activité étant à cours de fonds de roulement, elle sollicite son premier prêt auprès de WAGES pour investir dans son commerce. Son profit sera destiné à l’épargne. Elle désire associer le commerce de tissus pagnes d’ici peu et mieux assurer l’éducation 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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Akoko to purchase grocery items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 16, 2012
Dec 4, 2012
Currency Exchange Loss:
Nov 17, 2013