Mrs. A. buys her merchandise wholesale in the big open-air market in Lomé and resells it in her neighborhood. The competitive prices of her products attract customers. She lowers her profit margin and sells larger quantities. This procedure has allowed her to continually grow her business capital. Thus she is presently requesting her second loan.
Elle achète les marchandises au grand marché de Lomé en gros qu’elle revend dans son quartier. Elle attire sa clientèle par les prix concurrentiels de ses produits. Elle baisse sa marge bénéficiaire et vend en masse. Cette façon de procéder fait qu’elle augmente sans cesse son capital. C’est ainsi qu’elle demande ce deuxième prêt.
About Women and Associations for Gain both Economic and SocialThis 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!
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