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Gamal is a 28 year old man. He is married to a retailer and they do not yet have children. Gamal has been working as a retailer since 2009. He buys and resells mobile phones to all people in a store. He buys his products from wholesalers in Lome and works with a family member. Gamal is asking for his first loan from WAGES in order to buy new arrivals of mobile phones for sale. He is thinking of reinvesting these profits in the expansion of his business. In the coming years, Gamal would like to develop his business. He says that with the profits, he plans to have a happy family and to ensure the education of his brothers.
View original language description ↓
Gamal est un homme âgé de 28 ans. Il est marié à une revendeuse, et n’ont pas encore d’enfant.
Gamal travaille comme revendeur depuis 2009. Il achète et revend des téléphones portables à toutes personnes dans une boutique. Il achète les produits auprès des grossistes de Lomé et travaille avec un membre de la famille.
Gamal a requis son premier crédit de WAGES afin d’acheter de nouvelles arrivages de téléphones portables destinés à la vente. Il pense réinvestir ces profits dans l’agrandissement de son activité.
Dans les prochaines années, Gamal voudrait développer son commerce. Il dit qu’avec les profits, Il prévoit avoir une famille heureuse et assurer l’éducation de ses frères.

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
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,958,250
    Funds lent in using Kiva
  • 471.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD