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Ekouéssan

Update on Ekouéssan

Mr. Ekouessan is 42 years old. He is a nurse by profession. [N.B. His profession was mistranslated as a doctor in a previous loan.] He runs his own business out of his home and is seeking his fifth WAGES loan in order to purchase pharmaceutical products. He wants to reinvest in his business and open another office to better care for patients. Mr. Ekouessan wants to build his own home and ensure his family's future. Please note that he is married to a retailer and is the head of the family.
View original language description ↓
Mr Ekouessan est âgé de 42ans. Il est infirmier de profession. Il exerce son activité à domicile et sollicite son cinquième crédit de WAGES pour acheter des produits pharmaceutiques. Il veut réinvestir dans l’activité, ouvrir un autre cabinet pour mieux s’occuper des patients. Il veut construire sa propre maison et assurer l’avenir de la famille. Notons qu’Il est marié à une revendeuse et père de famille.

Previous Loan Details

Ekouessan is a married man, father of two children. He studied to become a doctor, and after completing his studies opened his own practice in 2000, where he employs two nurses. At this time he wishes to remodel his premises to provide a more hospitable environment for his patients. He is requ... More from Ekouéssan's previous loan »

Additional Information

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!

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.

About Togo

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,706,700
    Funds lent in using Kiva
  • 502.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Ekouéssan to purchase pharmaceutical products.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015