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Ahime

Update on Ahime

Ahimé is a retailer of mattresses, cushions, and bed sheets at the market. She is 31 years old and the mother of three children, all provided with schooling. She is requesting a second WAGES loan to ensure she is stocked up with supplies and will use the profits gotten for opening a hardware store. She has been in this business for three years.
View original language description ↓
Ahimé est une revendeuse de matelas, coussins et draps au marché. Elle a 31 ans, mère de 03 enfants tous scolarisés. Elle sollicite son second crédit à WAGES pour assurer le ravitaillement et utiliser les profits obtenus pour ouvrir une maroquinerie. Elle est dans l'activité il y a 03ans.

Previous Loan Details

Ahimé is a reseller of mattresses, cushions, and sheets at the market. She is 30 years old and the mother of 3 children, ages 6, 8, and 10, all of whom attend school. She is requesting her first loan with WAGES to supply herself and to use the profits generated in order to open a leather shop. Sh... More from Ahime'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
  • 8
    View loans »
    Togo Loans Fundraising
  • $8,750,250
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ahime to purchase mattresses, cushions, and sheets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013