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Aged 25, unmarried and childless, Komlanvi sells shoes. He has been in this business since 2009 and he displays his merchandise on a stand in front of his house. Komlanvi is confronted with competition and to find a solution to this, he requests the help of WAGES for a first loan to buy more shoes, so that he can keep his clients. With the profits that he will make from his sales, he wants to set up home at the same time as maintaining the durability of his business.
Agé de 25ans, célibataire et sans enfant, Komlanvi est revendeur de chaussures. Il mène cette activité depuis 2009 et il l’expose sur étalage devant le domicile. Komlanvi est confronté à la concurrence et pour remédier à cela, il sollicite l’aide de WAGES par un premier prêt pour acheter plus de chaussures afin de garder ses clients. Avec les profits qu’il récoltera de sa vente, il veut fonder un foyer tout en gardant la pérennité de son activité.

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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,957,500
    Funds lent in using Kiva
  • 509.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD