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Kossi is 36 years old, and he is married to a reseller with whom he has three children. Two of his children go to school. His oldest child is 10, the youngest is 3.

In order to adequately meet his family's needs, Kossi has started to sell cosmetic products in a shop.

In order to boost his inventory, he is requesting assistance from WAGES and is taking a third loan, which will be used to buy such goods as deodorants, perfumes and soaps.

With his profits, Kossi is planning to have a larger wholesale shop, to open other shops in various neighborhoods of Lomé, and to send his children to Europe, for their studies.
View original language description ↓
Jeune homme de 36ans, Mr Kossi est marié à une revendeuse et ils ont 03 enfants dont 02 scolarisés. L’ainé a 10ans et le dernier 03ans. Pour bien répondre aux besoins de la famille il s’est lancé dans la vente des produits de beauté dans une boutique. Pour renforcer son stock de marchandises il sollicite l’aide de WAGES par ce troisième prêt pour acheter des marchandises (déodorant, parfums et savons). Avec les profits, il prévoit avoir une grande boutique pour vendre en gros, avoir d’autres boutiques dans les coins de la ville de Lomé et envoyer ses enfants pour les études en Europe.

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
  • 2
    View loans »
    Togo Loans Fundraising
  • $9,026,275
    Funds lent in using Kiva
  • 522.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD