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Originally from Keve, a village located 40 kilometers northwest of Lomé, Mrs. Akossiwa K. was born April 18th, 1965. She is a widow and is caring for four children. After the death of her husband in 2005, she started doing business selling fabric in the Agoè neighborhood of Lomé. She has to travel around ten kilometers by foot each day to make good sales. She is seeking for the first time a loan to buy 100 lengths of Hitarget brand fabric. With income from retail sales, she will be able to pay next year’s school fees for her children.

Translated from French by Liana Bianchi, Kiva Volunteer

Originaire du village de KEVE, localité située à 40 Km au nord ouest de Lomé, Madame K. Akossiwa est née le 18 avril 1965. Elle est veuve et a 4 enfants à charge. Après la mort de son mari en 2005, elle a commencé le commerce de pagne dans le quartier d’Agoè à Lomé. Elle parcourt en moyenne 10 km à pieds par jour pour pouvoir bien vendre.
Elle sollicite pour la première fois ce crédit pour acheter 100 pièces de pagne de marque Hitarget. Avec le revenu de cette activité, elle pourra supporter les frais de scolarité de ses enfants pour l’année prochaine.

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
  • $9,030,050
    Funds lent in using Kiva
  • 420.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD