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Edoh

Update on Edoh

Edoh is 33 years old, married and also responsible for one child of 2 years old. He lives in a district of the city of Lomé where he has his business which he has had for almost four years. He is a technician by profession but at the same time, he also sells groceries. He buys his supplies in the Grand Market in Lomé and is requesting a fourth loan from WAGES to expand his business and have a better tomorrow with his family.
View original language description ↓
Edoh a 33 ans, marié il a un enfant de 02ans en charge. Il vit dans un quartier de la ville de Lomé où il exerce son activité et compte dans cette dernière près de 04 ans. Il est technicien de profession mais associe à son activité principale la vente des produits d’alimentation générale Il s’approvisionne au grand marché de Lomé et sollicite un quatrième prêt de WAGES pour augmenter son commerce et avoir un lendemain meilleur avec sa famille.

Previous Loan Details

Edoh is 30 years old and married. He lives in Bèkpota, where he has his business and has worked for nearly two years. He is a technician by profession, but his main business has been selling bagged water (similar to bottled water, but less expensive) and prepaid credit for pay-as-you-go mobile ph... More from Edoh'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

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,760,925
    Funds lent in using Kiva
  • 504.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD