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Yao is a 35-year old man. He is married to a retailer. He has 2 children, of which 1 is in school. The oldest is 7-years old and the youngest is 4-years old. Yao has worked as a reseller since 2010. He buys and resells soap and detergent to all people at his home and he sells to customers at their homes. He sources regularly at the main market of Lome. Yao is requesting his first loan from WAGES in order to buy soap and detergent for sale. He says he wants to reinvest these additional profits in his business. In the coming years, Yao would like to open a store. He says that with the profits, he expects to guarantee the basic needs of his family.
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Yao est un homme âgé de 35 ans. Il est marié à une revendeuse. Il a 2 enfants dont 1 scolarisé. Le premier enfant a 7 ans et le benjamin 4 ans.
Yao travaille comme revendeur depuis 2010. Il achète et revend des savons et des détergents à toutes personnes à son domicile et distribue aux clients dans leurs maisons. Il s’approvisionne régulièrement au Grand marché de Lomé.
Yao a requis son premier crédit de WAGES afin d’acheter des savons et des détergents destinés à la vente. Il dit vouloir réinvestir ces profits supplémentaires dans son activité.
Dans les prochaines années, Yao voudrait ouvrir une boutique de vente. Il dit qu’avec les profits, Il prévoit assurer le besoins élémentaires de la famille.

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
  • 7
    View loans »
    Togo Loans Fundraising
  • $9,031,000
    Funds lent in using Kiva
  • 471.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD