Indeed, he intends to acquire new land. Furthermore, he intends to buy a large quantity of palm trees, in order to increase his "sodabi" production (sodabi is an alcoholic beverage made out of palm tree sap). His project's goal is then to improve the daily life of his family, and ensure his children receive and education.
Mr. Kodjovi is responsible for Agblegno – Ekpui –Kpolozimé – Vogan Group. The elven other members are just like their leader. They share the same goals and each will receive an almost equal share of the loan.
These farmers hope to get the most of the opportunity provided by WAGES.
More information about this loan
This loan is part of a special WAGES program for groups of Togolese farmers and livestock breeders, offering financing at a lower interest rate in addition to relevant training. The reduced interest rate is designed to hit a sweet spot, empowering clients in rural Togo to capture significant, impactful profits and become more financially stable after three credit cycles. WAGES is working with the Togolese government, Veterinarians Without Borders and the African Institute for Economic and Social Development to make this program possible. By supporting this loan, you're extending opportunity in a country where 70% of the population works in agriculture but financing options remain scarce.
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!
This is a Group Loan
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Success!! The loan was 100% repaid