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Soli-Ero Group
In this Group: Awah, Roukeya, Awawaou, Safiatou, Adizétou, Mariyama, Toubiyana, Akim, Talahatou, Amida, Abiba, Samiyatou
A merchant by trade, Ms. Awah lives with her husband, who is a farmer, and their five children, who are in school, in SOKODE. She is 45 years old. Her first child is 25 years old, and the last is 15. She has been in this domain since 1983, and she sells groceries, jewelry, and school supplies in REGION CENTRALE, where she also gets her inventory.

She wants to increase her sales and sustain her business, so she is requesting a fourth loan from WAGES to reach her goals. She would like to ensure her children's health care and education.

Ms. Awah is the official of the group made up of businesswomen who sell clothing, charcoal, beauty products, grains, and more. They hope to use this loan to make profits and to see their families thrive.
View original language description ↓
Commerçante de profession, Madame Awah vit avec son mari cultivateur et leurs 05 enfants qui sont scolarisés à SOKODE. Elle est âgée de 45ans. Son premier enfant a 25ans et le dernier 15ans. C’est en 1983 qu’elle est dans ce domaine et elle vend des produits d’alimentation générale, des bijoux et des articles scolaires en REGION CENTRALE lieu où elle s’approvisionne aussi. Elle veut augmenter son chiffre d’affaire et rendre pérenne son activité c’est pour cela elle sollicite de WAGES un quatrième pour pouvoir atteindre son objectif. Elle voudrait assurer la santé et scolarisation des enfants. Madame Awah est la responsable de leur groupement constitué que de femmes commerçantes qui sont dans la vente des habits, des charbons de bois, des produits de beauté, des céréales et autres. Elles espèrent avec ce crédit réaliser des bénéfices et voir leurs familles s’épanouir.

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
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,591,600
    Funds lent in using Kiva
  • 526.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soli-Ero Group's $5,325 loan helped a member to purchase grocery items, jewelry, and school supplies to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013