Update on DodjiDodji is a young 31-year-old man and a father of two children, who are seven and nine years old and go to school. His wife is a hair stylist. He is a retailer of CDs and hardware products. He sells his goods in a shop and has been doing this for eight years.
Sometimes confronted with poor sales, he continues to strive for the best in himself.
He is on his fourth loan with WAGES and this loan will help him buy merchandise that he is going to resell to his customers. He procures this merchandise from the Grand Market of Lome.
Dodji wants to save up some more money in order to expand his business while taking care of his family.
Previous Loan DetailsDodji is 28 years old and married. He was born in Lomé and has two children in his care. He is a retailer of hardware items and has been in this business for close to 5 years. He gets his supplies at the grand market in Lomé and resells them on the Félix Houphouët Boigny Boulevard. He is seeking… More from Dodji'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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