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Solim Group
In this Group: Egoulou, Kadaro, Koffi, Kokou, Kodjo, Honoré
Egoulou was born in 1961. He is married to a farmer, and they have seven children, four of whom go to school. His children are aged between 8 and 25 years of age.

Egoulou is on his third WAGES loan, and has requested this one to buy work tools for his agriculture business. He has worked in this field for more than 34 years, and three people help him with his tasks. All his work is carried out in the Central Region.

Egoulou is the head of the Solim group, and all of the group’s members work in agriculture. They have all requested this sum of money to buy work tools, so that they can have a good harvest. They want to increase their land, and to provide for the basic needs of their families.
View original language description ↓
Mr Egoulou est né en 1961. Il est marié à une cultivatrice et ont 07 enfants. Quatre sont sur les bancs d’école et ils ont entre 25 et 08ans. Il est à son troisième crédit de WAGES et sollicite ce montant pour acheter des outils de travail pour son activité d’agriculture. Il est dans ce domaine il y a plus de 34ans. 03 personnes l’aident dans l’exécution de sa tache et tout le travail se déroule en RÉGION CENTRALE. Il est le responsable du groupement « SOLIM » et sont tous dans le domaine de l’agriculture. Tous sollicitent ce montant pour acheter des outils afin d’avoir un bon rendement. Ils veulent agrandir leurs superficies et assurer les besoins vitaux de leurs familles.

Additional Information

More information about this loan

This loan is part of a special WAGES program for groups of Togolese farmers and livestock breeders, offering financing at a lower interest rate in addition to relevant training. The reduced interest rate is designed to hit a sweet spot, empowering clients in rural Togo to capture significant, impactful profits and become more financially stable after three credit cycles. WAGES is working with the Togolese government, Veterinarians Without Borders and the African Institute for Economic and Social Development to make this program possible. By supporting this loan, you're extending opportunity in a country where 70% of the population works in agriculture but financing options remain scarce.

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!

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Togo

  • $1,500
    Average annual income
  • 4
    View loans »
    Togo Loans Fundraising
  • $8,803,250
    Funds lent in using Kiva
  • 520.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD