Fati K. lives and works in the Agoé district of Lomé, Togo. She is 45 years old, married to a taxi driver, and has one child. Mrs. K. has been running her business from home since 2002. She sells a variety of grocery products as well as charcoal. This will be her first loan from WAGES which she will use to replenish her supply of groceries and charcoal. Approximately 75% of the total amount will go towards the purchase of charcoal and the remainder will be used to purchase any groceries needed for resale. With this loan, Mrs. K. will be able to keep her shelves full of food and her tins full of charcoal.
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!