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Solissaman Group
In this Group: Tchamtcha, Essowé-M'habinou, Mazalou, Mébinesso, Hodalo
Mr. Tchamtcha is a farmer and father of three adorable children aged 4 to 11, two of whom attend school. With 17 years of experience, he has a good command of his activity. Three people assist him in his work. This is his second loan cycle, and he will use the funds to buy farming-related products.

He conducts his activity in the center of the region. He is the leader of the group SOLISSAMAN, which consists of men and women who all work with the land. The loan they are seeking will allow them to purchase farming equipment.

Their goals are to provide for their children’s healthcare and education, to increase their farmable area to better meet customer demand, and to eventually export their products.
Aidé par 03 personnes dans l’exercice de son activité, Mr Tchamtcha est cultivateur de profession. Il est père de 03 adorables enfants dont 02 sont encore sur les bancs d’école. Ils ont entre 11 et 04ans. Il maitrise bien son activité et est dans ce domaine il y a 17ans. Son second cycle qu’il sollicite lui permettra d’acheter des produits pour son activité. Elle se déroule en RÉGION CENTRALE. Il est le responsable du groupement SOLISSAMAN qui est constitué de femmes et d’hommes qui sont tous dans le domaine de la terre. Ce prêt qu’ils sollicitent leur permettra d’acheter des outils de travail. Ils veulent assurer la santé, la scolarité des enfants, augmenter la superficie cultivable afin de mieux répondre aux besoins des clients et dans l'avenir vendre leurs produits à l'étranger.

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

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,707,225
    Funds lent in using Kiva
  • 520.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Solissaman Group's $775 loan helped a member to purchase farming equipment and products.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 13, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 22, 2013