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Idrissou
A used car retailer in Agoé, Idrissou is an energetic man who lives in Lomé with his wife and their three children, who are 11, nine, and six years old and all attend school.

Idrissou has been running his business since 2005 and gets his supplies at the Autonomous Port of Lomé. He is a former WAGES borrower and is taking his fifth loan to purchase used cars, refurbish them, and sell them to his customers. With the profits he will receive, Idrissou wants to ensure the vital needs of his family, while making his business sustainable.
View original language description ↓
Revendeur de voitures d’occasion à Agoé, Idrissou est un homme dynamique qui vit à Lomé avec sa femme et leurs 03 enfants. Ils sont âgés de 11, 09 et 06ans et vont tous à l’école. Il exerce cette activité depuis 2005 et s’approvisionne au port Autonome de Lomé. Il est un ancien client de WAGES et fait son cinquième prêt pour acheter des voitures d’occasion, réaménager et revendre à ses clients. Avec le profit, qu’il va s’offrir, il veut assurer les besoins vitaux de la famille tout en rendant pérenne son activité.

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
  • $8,707,225
    Funds lent in using Kiva
  • 487.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Idrissou to purchase used cars.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013