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Mrs. Affi A., 53, is a widow who is raising 4 children. She was born in Lomé, grew up there, and lives there at present. She is a well-respected woman who is fighting to raise her children appropriately and assure an adequate education for them. She manages to do this thanks to the business of selling lengths of African print cloth (pagnes) and cosmetics which she has been pursuing since 1995.

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.

View original language description ↓
Agée de 53 ans, madame A. Affi est une femme veuve avec à sa charge 04 enfants. Elle est née à Lomé, y a grandi et y vit actuellement. C’est une brave femme qui se bat pour élever convenablement ses enfants en leur assurant une éducation adéquate. Elle y arrive grâce à son activité, qu’est vente de pagnes et de produits cosmétiques qu’elle a commencé depuis 1995.

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.

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
  • $8,640,125
    Funds lent in using Kiva
  • 418.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Affi purchase of "pagnes" and cosmetics for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 15, 2008
Sep 1, 2008
Currency Exchange Loss:
Oct 15, 2009