Update on GabriellaGabriella, aged 30, is a young woman who is married to an entrepreneur. She and her husband financially support two children. The oldest is six years old and attends school, the youngest is one and does not go to school yet.
Gabriella resells general food products. She works in a shop and stocks up at the Lomé Grand Market.
She has requested her third loan from WAGES for the purchase of sugar, milk and canned food. She wants to reinvest in her business in order to make more profits and to take care of her family.
Previous Loan DetailsGabriella, age 29, is married to an entrepreneur. She has one child, and has been working as a reseller of food staples since 2000. She sells at her home and purchases her supplies at the Grand Market. She's seeking her second loan from Kiva's partner, WAGES, in order to buy sugar, milk,… More from Gabriella's previous loan »
About Women and Associations for Gain both Economic and SocialThis 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!
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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