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Marie
Married to an accountant, Marie herself is a retailer of handbags and clothing. She is 40 years old and the mother of five children, of whom four are in school. Her eldest is 23 years old, and the last is 11. Marie has had a shop since 2000 and is assisted by two employees. She is requesting her first loan from WAGES to purchase handbags and clothing for satisfying the demands of her customers for the year's end. Her profits will be used for reinvesting in her business. She wants to increase the size of her shop and to improve her family's living conditions.
View original language description ↓
Mariée à un comptable, Marie est quand à elle revendeuse de sacs et d’habits. Elle est âgée de 40 ans et est mère de 05 enfants dont 04 scolarisés. Son ainé a 23 ans et le dernier a 11 ans. Elle dispose d’une boutique depuis l’an 2000 et se fait aider par 02 employées. Elle sollicite son premier crédit auprès de WAGES pour l‘achat des sacs et des habits afin de satisfaire la demande de ses clients en cette fin d’année. Ses profits seront destinés au réinvestissement dans son activité. Elle veut augmenter la taille de sa boutique et améliorer les conditions de vie de sa famille.

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
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Marie to purchase handbags and clothing to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013