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Kangni
Kangni, aged 36, is a young man, married to a reseller. Kangni and his wife have a two-year-old child who does not go to school yet.

In 2011, Kangni started to sell beauty products, an activity which he is happily involved in since it helps him to develop, professionally, and to meet his family's needs.

As Kangni is now facing an increasing demand, but he lacks the funds to meet his customers' needs, he is requesting a first loan from WAGES, in order to reach his goal.

In the future, he would like to open a shop, since he currently displays his goods on a stall. He also wants to do his best to meet his family's needs.
View original language description ↓
Kangni est un jeune homme de 36ans. Marié à une revendeuse, ils ont un enfant de 02ans qui ne va pas pour l’instant à l’école. En 2011, il a démarré la vente des produits de beauté, activité qu’il mène avec joie car il l’aide à s’épanouir et à assurer les besoins de la famille. La demande devient de plus en plus croissante et manquant de fonds pour répondre aux clients, il fait un premier crédit à WAGES pour atteindre son objectif. Comme perspectives d ‘avenir, il espère ouvrir une boutique car actuellement il expose ses marchandises sur étalage et assurer au mieux les besoins de la 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
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,676,950
    Funds lent in using Kiva
  • 497.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Kangni to buy beauty products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014