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This woman, age 37, came to Lomé to establish herself several years ago already. Currently, she is divorced, and she has two children in her care. Selling charcoal is the revenue-generating business that she operates and that allows her to support her children appropriately. She stocks up from the country’s interior. Wanting to expand her stock in order to sell more, she is requesting a loan from WAGES to buy 20 sacks of charcoal.
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Cette femme âgée de 37 ans est venue s’installer depuis plusieurs années déjà à lomé. Actuellement elle est divorcée de son mari et a à sa charge ses deux enfants. L’activité génératrice de revenu qu’elle exerce et qui lui permet de subvenir de façon convenable aux besoins de ses enfants est la vente de charbons de bois. Elle s’approvisionne à l’intérieur du pays. Voulant agrandir son stock pour mieux vendre, elle sollicite de WAGES un crédit pour acheter 20 sacs de charbons de bois.

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

  • $1,500
    Average annual income
  • 12
    View loans »
    Togo Loans Fundraising
  • $9,000,575
    Funds lent in using Kiva
  • 462.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD