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Esi
A retailer of soap from her home, Esi is married to an accountant and has a 2-year-old child. She makes the soap herself and resells it to her customers in the city of Lomé. One person helps her in producing the soap. Esi is taking out her first loan at WAGES to purchase some raw materials (red oil and caustic soda). After earning profits from selling the soap, she wants to see her business expand and to provide a more comfortable life for her family.
View original language description ↓
Revendeuse de savons à domicile madame Esi est mariée à un comptable et a un enfant de 02ans. Elle prépare elle même le savon et revend à ses clients dans la ville de Lomé. Une personne l’aide dans la préparation et elle fait son premier crédit à WAGES pour acheter des matières premières (huile rouge et du soda). Après avoir tiré de profit dans la vente du savon, elle veut voir son activité prendre de l’ampleur et mettre sa famille beaucoup plus à l’aise.

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
  • $8,590,025
    Funds lent in using Kiva
  • 496.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Esi to purchase 'red oil' and some caustic soda to make soap.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014