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Yao
Born September 29, 1976 in Tsévié in the Zio prefecture, Mr. Yao A. is a bachelor who works in upholstery in the Agoè neighborhood of Lomé. He purchases foam, cloth, wood and other materials with which to make armchairs, chairs and handbags. He has just received an order for 24 cushioned chairs and is requesting this first loan to purchase the tools of his trade—sixty units of foam, four rolls of fabric and pots of glue. With the completion of this project, he will earn income that will allow him to provide for himself.

Translated from French by Jonah Durning-Hammond, Kiva Volunteer.




Né le 29 septembre 1976 à Tsévié dans la préfecture de Zio, monsieur A. Yao est un célibataire et a crée une tapisserie dans le quartier d’Agoè à Lomé. Son activité consiste à acheter des mousses, des tissus, du bois et autres accessoires afin de fabriquer des fauteuils, des chaises et des sacs.
Il vient de recevoir une commande de 24 chaises à assises bourrées et sollicite ce premier pour acheter des outils de travail tels que 60 mousses, 4 rouleaux de tissus et des pots de colle. Ainsi après la livraison de ce projet, il pourra gagner un revenu qui lui permettra de subvenir à ses besoins.

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
  • 17
    View loans »
    Togo Loans Fundraising
  • $8,750,850
    Funds lent in using Kiva
  • 439.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Yao achat de mousses pour confection de fauteuils.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 15, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2009