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Mr. Kokou A. was born in Gbatopé in the Zio prefecture on December 31, 1986. He is married and has two children. From a young age he learned how to make shoes because he had a passion for it. Since 1993, he has operated a shoemaking shop in the city of Lomé where he purchases, on-site, everything that he needs to make shoes. He takes orders and also sells his shoes at expositions. His shoes are in high demand, but due to his insufficient working capital, he is unable to meet customer demand. Therefore, he got the idea to take out his first loan to increase his working capital so he can buy raw materials to make shoes, such as lizard skins, soles, and buffalo hides.

Translated from French by Manuel Carreiro, Kiva Volunteer

Monsieur A. Kokou est né à Gbatopé dans la préfecture de Zio le 31 décembre 1986. Il est marié et père de 2 enfants. Dès son jeune age il a apprit ce métier de fabrication de chaussures car c’était sa passion. Depuis 1993, il a ouvert son atelier de fabrication dans la ville de Lomé où il achète sur place tout le nécessaire pour la fabrication. Il reçoit des commandes et fait aussi la vente par exposition. Ses chaussures sont très demandées, mais à cause de son fonds de roulement qui n’est pas très suffisant il n’arrive pas à répondre à cette demande. Il a eu alors l’idée de prendre ce premier crédit pour augmenter son fonds de roulement afin d’acheter les matières premières qui sont les peau de varan, les semelles et les bifalo.

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

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,854,875
    Funds lent in using Kiva
  • 415.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD