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Mr. Agossou A. was born February 29th, 1976 in Lomé. He is single and taking care of a child. In 1999 he established a store selling spare parts in Adawlato neighborhood of Lomé. He imports replacement parts from Germany and Nigeria. He is a major supplier of motor oil, batteries, belts, and other parts. His main customers are specialized and four-wheel drive mechanics. Currently stocks of certain parts have fallen noticeably and for this reason Mr. Agossou A. is seeking his first loan to buy 50 oil filters, 11 belts, 20 spark plugs, and batteries. With this new stock, he will be able to satisfy his customers and in turn make a good profit.

Translated from French by Liana Bianchi, Kiva Volunteer.

Monsieur A. Agossou est né le 29 février 1976 à Lomé. Il est célibataire avec un enfant à charge. Depuis 1999 il a crée un magasin de vente des pièces détachées dans le quartier de Adawlato à Lomé. Il importe les pièces de rechange de l’Allemagne et du Nigeria. Il est un grand fournisseur d’huile à moteur de batterie, de courroie et d’autres pièces de rechange. Ses principaux clients sont les mécaniciens à quatre roues et les particuliers. Présentement les stocks de certains pièces ont subi une diminution sensible raison pour laquelle Monsieur A. Agossou sollicite ce premier crédit pour acheter cinquante (50) filtres à huile, onze (11) courroies, 20 paquets de bougie d’allumage et des batteries. Ainsi avec ce nouveau stock, il pourra satisfaire ces clients et en retour dégager un bon bénéfice.

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
  • 424.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Agossou purchase of replacement parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 4, 2008
Jun 6, 2008
Currency Exchange Loss:
Aug 15, 2009