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Moussa-Foudou
A young retailer of recharge phone cards in Lomé, Moussa-foudou, 29 years old, is unmarried and has no children to support. In 2011, he started his business, and he gets his supplies from the communication companies. To satisfy his customers, he is requesting an initial loan at WAGES in order to purchase more merchandise. As for the future, he wants to expand his business while taking care of himself and, later on, his future family.
View original language description ↓
Jeune revendeur de cartes de recharge à Lomé, Moussa-foudou âgé de 29ans est célibataire et n’a pas d’enfants en charge. C’est en 2011 qu’il a démarré son activité et il s’approvisionne dans les sociétés de communication. Afin de satisfaire sa clientèle, il sollicite un premier crédit à WAGES pour acheter plus de marchandises. Comme perspectives d’avenir, il veut agrandir son activité tout en prenant soin de lui même et plus tard de sa future 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
  • 17
    View loans »
    Togo Loans Fundraising
  • $8,750,850
    Funds lent in using Kiva
  • 494.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Moussa-Foudou to purchase recharge phone cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013