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Dagnouleleng Group
In this Group: Badoteba, Palam, Koffi, Tchaa, Bachirou, Kossi, Hassou
Badateba is the leader of this group of men. He is 40 years old and the father of 5 children who all attend school. His spouse is a housewife. Badateba himself is a farmer. He is mostly focussed on the farming of corn and beans, which he does in the central region with 3 family members and 6 employees. He has been in this line of work for 22 years. He is an old customer of WAGES and is requesting this 3rd loan in order to buy work tools. He would like to use his extra profits to buy a new motorbike, expand his farmland and build a concrete house for his family. The other members of the group farm corn, soya and rice.
Responsable du groupement constitué d’hommes, mr Badateba âgé de 40ans, est père de 05 enfants qui sont tous sur les bancs d’école. Sa femme est ménagère. Quant à Badateba, il est cultivateur de profession. Il est plus basé dans la culture du mais et du haricot et le fait en REGION CENTRALE avec 03 membres de la famille et 06 employés. Il est à préciser qu’il est dans ce domaine il y a 22ans. C’est un ancien client de WAGES et il sollicite ce troisième crédit pour acheter des outils de travail. Avec les profits supplémentaires, il veut acheter une nouvelle moto, augmenter les superficies cultivables et construire une maison en dur pour la famille. Les autres membres cultivent du mais, du soja, du riz.

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
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,765,200
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD