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Yao
Yao is 30 years old and makes his living as a tailor. He is also married to a seamstress. They have two young children who are both in school. Yao makes clothes for both men and women and this loan of 300,000 FCFA will help him buy material and fabric for his business. This is Yao’s second loan with WAGES. His first loan was fully repaid. With this new loan, Yao hopes to continue growing his business and to work towards building a secure future for his family.

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
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Yao to buy material and fabric for making clothes.
95% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 22, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015