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David
David, aged 25, is a young man who lives in Lomé with his wife, a hairdresser, and their 4-year-old child. His child goes to school.

As David is employed in a company in Lomé, he would like to buy a motorcycle to be used as a means of transportation. This is precisely the reason why he is requesting a first loan from WAGES to make this purchase.

David plans to use his savings from his income to ensure that his family receives a good education.
View original language description ↓
Jeune homme de 25ans, David vit avec sa femme coiffeuse et leur enfant de 04ans à Lomé. Ce dernier est scolarisé. Employé dans une société de la ville de Lomé, il souhaite acheter une moto pour assurer ses déplacements. C’est justement pour cela qu’il sollicite un premier crédit à WAGES pour effectuer cet achat. Avec l’économie qu’il fera en gagnant son salaire, il souhaite assurer une bonne éducation à 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
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,671,525
    Funds lent in using Kiva
  • 503.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped David to buy a motorcycle for his own personal use.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 2, 2014