Lonlon Kégué Group

This association, created in 2008, brings together 5 dynamic women and one man from the Kégué neighborhood in Lomé. Its goal is to use the financial strength of its members to advance the common good, increasing their stock so they can expand their sales volume. The members of the association are married and have children. They earn a living in various ways, selling fruit juice, cereals, condiments, cosmetics, and charcoal.

This solidarity association has received one loan which they have correctly reimbursed. This second loan that they are requesting will permit them to buy 6 sacks of charcoal, 3 sacks of maize, 1 case of cosmetics, and 3 bags of condiments. With this new stock, they will be able to make lots of sales and help their families with daily needs.

Translated from French by Teresa Kramer, Kiva Volunteer

Cette association créée en 2008 regroupe 5 femmes dynamiques et un homme du quartier de kégué à Lomé, elle a pour objectif de mettre en commun la force financière de ses membres afin d’augmenter leur stock et bien vendre, les membres de l’association sont mariés et ont des enfants. Les membres de cette association mènent différentes activités génératrices de revenu comme la vente du jus de fruits, des céréales, de condiments, de produits de beauté et de charbons de bois. Cette association solidaire a une fois bénéficié du crédit et a bien remboursé. Ce deuxième crédit qu’elle sollicite leur permettrait d’acheter 6 sacs de charbons de bois, 3 sacs de maïs, 1carton de produits de beauté et 3 sachets de condiments. Avec ce nouveau stock elles pourront bien vendre et aider les familles dans les besoins quotidiens.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

Subscribe