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Akouwa Kpatagnon

Update on Akouwa Kpatagnon

Akouwa is a 34-year old woman, married with children. Her husband is an accountant. She sells traditional "pagnes" fabric, stocking up on Lome. She has been in this business in 2009 and manages it well. This third loan will allow her to buy many additional items in order to grow her customer base. Her hope is to open a store, as she currently works as a street vendor, and provide for a better future for her family.
View original language description ↓
Femme de 34 ans, Akouwa est mariée à un comptable et mère de famille. Revendeuse de pagnes, elle s’approvisionne à LOME. Elle a mis cette activité en place depuis 2009 et maitrise bien ce qu’elle fait. Ce troisième prêt lui servira à acheter beaucoup plus d’articles pour élargir sa clientèle. Elle espère avoir une boutique car elle vend de façon ambulante et assurer un avenir radieux à sa famille.

Previous Loan Details

Akouwa is a 32-year old woman, who is married and mother to one child. She retails cosmetics and fabric and gets her supplies in Cotonou. She began this business in 2009 and masters it well. This first loan will enable her to buy a lot more articles so that she can expand her customer base. More from Akouwa Kpatagnon'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
  • $8,590,025
    Funds lent in using Kiva
  • 502.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Akouwa Kpatagnon to buy cosmetics and fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014