Katawili was born in 1965, and is helped by nine people in his agricultural business. He is married to a farmer, and together they have 18 children, 15 of whom are at school. This is his third loan from WAGES, and he has requested the money to buy work tools so that he can have a good crop.
Katawili has been working in this area for 30 years, and he is able to handle seasonal change well so he knows what crop to harvest in each period. His entire business is based in the Central Region, and he enjoys it because it allows him to provide food for the local population in general and his family in particular.
Katawili would like to use his profits to build a house, increase the land on which he grows his crops, and take care of his family. Everyone works in agriculture, and their crops are seasonal. They grow corn, rice, sorghum and soybeans. The other members of the group want to make sure that their families’ basic needs are met.
Aidé par 09 personnes dans l’exécution de son activité (agriculture) Mr Katawili est né en 1965. Il est marié à une cultivatrice et ont ensemble 18 enfants dont 15 scolarisés. Il est à son troisième crédit de WAGES et sollicite ce prêt pour s’approvisionner en outils de travail afin d’avoir un bon rendement. Notons qu’il est dans ce domaine il y a 30ans et il maitrise bien les saisons pour savoir qu’elle récolte faire en cette période. Toute son activité est basée en RÉGION CENTRALE et il s'y plait bien car cela lui permet de nourrir la population en générale et sa famille en particulier. Avec les profits réalisés, il souhaiterait construire un logement, augmenter la superficie cultivable et prendre soin de la famille. Tous sont dans l’agriculture et leurs cultures se font en saison. Ils cultivent le mais, le riz, le sorgho et le soja. Les autres membres du groupe veulent assurer les besoins élémentaires de leurs familles.
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.