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Afoutouhlin
Born on June 24, 1977 in Lomé, Mr. Afoutouhlin K. is a young, determined, single gentleman who opened his bar “BOOM RANG” in the city of Lomé. Given that he was unemployed, he gathered his funds and performed a study of his community to see what services were in demand in his area. After this study, he opened his bar in 2007 and is selling successfully. The request of his first loan will allow him to increase his stock of products and better serve his clients. For this reason he is requesting a loan to add 65 cases of beer and 20 cases of candy to his inventory.
View original language description ↓
Né le 24 juin 1977 à Lomé, monsieur K. Afoutouhlin est un jeune célibataire très endurant qui a ouvert son bar « BOOM RANG » dans la ville de Lomé. Etant donné qu’il est en chômage il a rassemblé ses fonds et a fait une étude se son milieu pour voir ce qui peut être bien consommé par la population de son quartier. Après cette étude il a ouvert son bar en 2007 et vend très bien.
Ce premier crédit qu’il sollicite lui permettra d’augmenter les produits dans son stock et de pouvoir bien servir ses clients.
A cet effet, il sollicite ce crédit pour s’approvisionner avec 65 casiers de bière et 20 casiers de sucrerie.

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
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,750,850
    Funds lent in using Kiva
  • 464.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Afoutouhlin the purchase of beverages to supply the bar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 17, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2009