Update on AfiwaviAfiwavi, 32 years old, is the mother of a 9-year-old child, who is in school. By working in commerce, Afiwavi ensures that her offspring is cared for and is educated. She sells corn, cassava flour, beans, and a few other grains in particular. She has operated this business for seven years and is requesting a fourth WAGES loan with the goal of stocking up on merchandise. With this loan, she hopes to expand her business and to find better housing for her and her son with the profits generated.
Previous Loan DetailsAfiwavi is 31 years old and the mother of an eight-year old child. She is single and provides for her child’s education thanks to her business. More specifically, she sells corn, manioc flour, beans and other cereals. Afiwavi has been in this business for six years and is now seeking her fourth l... More from Afiwavi'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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