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Agblegno-Ekpui-Kpolozimé-Vogan Group
In this Group: Kodzovi, Kodzovi, Amélé, Kaiza, Apétogbo, Adjakossi, Komlan, Méssélinawo, Amélégnasso, Akayi, Séssimé, Amévi
Mr. Kodjovi, age51, is a farmer. He's married and has ten children to support, half of whom go to school. He already obtained a loan from Kiva's partner, WAGES. He runs a six-employee company. Thanks to this loan, he hopes to diversify his business.

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.
View original language description ↓
Monsieur Kodjovi est agriculteur. Âgé de 51 ans, il est marié et a à sa charge 10 enfants dont la moitié est scolarisée. Il a déjà obtenu un prêt chez WAGES. Cet homme est à la tête d’une entreprise de 6 salariés. Il espère diversifier son activité avec ce crédit. En effet, il compte acquérir de nouvelles terres. De plus, il compte acheter une quantité important de palmier pour augmenter sa production de sodabi. Son projet a ensuite pour but d’améliorer le quotidien de sa famille, de pouvoir assurer une scolarité à ses enfants. Monsieur Kodjovi est le responsable du groupe GP AGBLEGNO – Ekpui –Kpolozimé – VOGAN. Les onze autres membres du groupe sont pratiquement à l’image de leur responsable, avec les mêmes objectifs et des montants de prêts presque égaux. Ces agriculteurs espèrent bénéficier au maximum de l’opportunité offerte par WAGES.

Additional Information

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 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!

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Togo

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,885,450
    Funds lent in using Kiva
  • 510.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Agblegno-Ekpui-Kpolozimé-Vogan Group's $3,375 loan helped a member to buy farm input.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 18, 2013
Jul 12, 2013
Currency Exchange Loss:
Oct 2, 2014