Funded

Total loan: $325
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Rachid

Togo
Agoe, Togo / Laundry

A loan of $325 helped to buy a vacuum cleaner and some recharge cards.


Rachid's story

Rachid is 38 years old and married to a reseller. He has 2 children who both go to school. The eldest is 15 years old and the youngest 12.

Rachid has been working as a reseller and cleaner since 2011. He sells recharge cards to all types of customers in his store, and also runs a laundry service. He gets his supplies in Lomé and works alone. Right now, his principal challenge is the competition on the market.

Rachid has requested his first loan from WAGES so that he can buy a vacuum cleaner for his job, and some recharge cards. He wants to reinvest in his business.

In years ahead, Rachid would like to increase the size of his business. He plans to use his profits to ensure his family's happiness.

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Loan details

Loan length:

14 months
Disbursed date: March 16, 2012
Facilitated by Field Partner: Women and Associations for Gain both Economic and Social (WAGES)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 16, 2012
Facilitated by Field Partner: Women and Associations for Gain both Economic and Social (WAGES)