Update on AméléAmélé, age 36, is married to a house painter. She is a mother with three children in school. The oldest is 22 years old, and the youngest is 5.
Amélé has been working as a reseller since 1992. She sells cereals and plantain to the public out of her home and in town. She stocks up in Lomé. She works by herself. At present, her main challenge is stock shortages.
Amélé is seeking a second loan from WAGES in order to buy merchandise. She plans to reinvest in her business. In the years to come, she would like to expand her business and to start breeding animals. She believes that her profits will help her to provide for her children’s education.
Previous Loan DetailsAmélé is a 34-year old woman. She is married to a house painter. She has five children, three of whom are in school. The oldest is 21 years old, and the youngest four years old. Amélé has been working as a vendor since 1992. She sells yams to the public at large out of her home and in town. She… More from Amélé'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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