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Lezouwe Group
In this Group: Koudjoukabalo, Bagbaramwé, Joseph, Alei, Payenam, Mazalou, Kossoua
The president of the group named "LEZOUWE", Mr. Koudjoukabalo is a farmer by trade, He supports three children, of whom two are in school. The oldest is 13 years old, and the last is three. Mr. Koudjoukabalo is 35 years old. Given he has considerable farmland, ten persons help him in carrying out the work. He has been in this business for twelve years.

This loan he is requesting will enable him to buy more effective work tools in order to respond better to customer needs. He wants to buy a mill with the profits made, increase his land area, and cover his family expenses.

The others are also in the same domain of work.
View original language description ↓
Président du groupement nommé « LEZOUWE », Mr Koudjoukabalo est cultivateur de profession. Il a en charge 03 enfants dont 02 scolarisés. L’ainé a 13ans et le dernier 03ans. Il est âgé de 35ans. Vu qu’il a une superficie considérable, 10 personnes l’aident dans l’exécution de ses taches et il est dans ce domaine il y a 12ans. Ce prêt qu’il sollicite lui permettra d’acheter des outils de travail plus performant afin de mieux répondre aux besoins des clients. Il veut acheter du moulin avec les profits réalisés, augmenter sa superficie et prendre en charge les dépenses de la famille. Les autres aussi sont dans le même domaine d’activité.



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
  • 6
    View loans »
    Togo Loans Fundraising
  • $8,634,350
    Funds lent in using Kiva
  • 535.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Lezouwe Group's $1,175 loan helped a member to buy work tools.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013