Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

Assilassimé Solidarité (“Hand in Hand” in Ewe, the local language) is a nonprofit microfinance institution in Togo founded in 2012. The organization is distinguished in the Togolese microfinance landscape because it offers services only to vulnerable individuals in the Lomé area, particularly unbanked individuals, the disabled, single mothers, sex workers, people living with HIV, and widows.

Assilassimé also uses a unique lending model: group loans with individual responsibility. This model emerged because group liability can cause tension between borrowers, to the exclusion of some of the most vulnerable potential clients. In addition to credit, the organization offers savings and business development training. It prides itself on offering individualized support and business development coaching, convenient group meeting points, and transparent pricing.

Assilassimé offers two loan products: the “Coup de pouce” or “Boost” loan, a very small loan designed to support startup businesses at a reduced interest rate; and the “Aménovi” or “Brotherhood” loan structured to support established businesses. The type of loan product, amount, and repayment term are all tailored to the needs of individual borrowers irrespective of the terms and amounts accepted by fellow borrowing group members. All of these loan products are combined with training and customized business management support.

To reach the populations where it can make the most impact, Assilassimé works with a number of NGOs in Togo. These include organizations that support HIV patients, disabled individuals, marginalized women, and more. Sometimes, to make borrowing even easier for clients, Assilassimé has staff meet with them at other NGO offices.

Kiva loans made through Assilassimé help some of Togo’s most vulnerable people, including the very poor, to start or grow businesses and establish stable livelihoods.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 19, 2013 Oct 12, 2005
Total Loans $1,026,300 $963,206,100
Amount of raised Inactive loans $0 $484,950
Number of raised Inactive loans 0 243
Amount of Paying Back Loans $306,500 $145,688,425
Number of Paying Back Loans 1,027 181,244
Amount of Ended Loans $719,800 $817,032,725
Number of Ended Loans 3,916 1,025,800
Delinquency Rate 1.26% 8.00%
Amount in Arrears $2,254 $7,668,511
Outstanding Portfolio $179,013 $95,812,281
Number of Loans Delinquent 45 19,432
Default Rate 0.07% 1.40%
Amount of Ended Loans Defaulted $494 $11,451,320
Number of Ended Loans Defaulted 7 32,892
Currency Exchange Loss Rate 0.11% 0.46%
Amount of Currency Exchange Loss $1,175 $4,395,675
Refund Rate 0.00% 0.62%
Amount of Refunded Loans $0 $5,946,325
Number of Refunded Loans 0 5,964

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 97.76% 75.33%
Average Loan Size $195 $399
Average Individual Loan Size $201 $631
Average Group Loan Size $1,645 $1,760
Average number of borrowers per group 15.9 7.7
Average GDP per capita (PPP) in local country $1,500 $5,880
Average Loan Size / GDP per capita (PPP) 13.02% 6.79%
Average Time to Fund a Loan 1.44 days 6.92 days
Average Dollars Raised Per Day Per Loan $135.80 $57.70
  Average Loan Term 6.71 months 11.11 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,382 501,921
  Journaling Rate 34.46% 41.45%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.17

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 16% PY 24.00% PY 26.14% PY
  Profitability (return on assets) -0.2% 3.1% -1.25%
  Average Loan Size (% of per capita income) N/A 188.00% 16.85%

Country Fast Facts

Field Partner Staff

Yannick Mawunyo ADON
Jacques AFETOR
Antoine EDAH
Dominique EDOH
Salem Cuados TISSAN-TOZO
Christian TOWEGNON