Monsieur Adoté A. is 29 years old and lives in Lomé, Togo. He is married to an accountant and they have one child.
Recently, Adoté purchased a motorcycle for his business as a motorcycle taxi driver in the city. Here in Lomé, this is a lucrative business. Moto-taxis, or Zemidjans as they are called here, are the most common form of transportation in the city. With this new motorcycle he will be able to attract more customers and provide a better service to his clients as well. He has requested a loan of 500,000 CFA for the purchase, insurance, and plates for this new motorcycle.
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!