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La Patience Goumoukope Group
In this Group: Mawuko, Messanh, Sotoawa, Kodjo, Emile, Koumondji, Logossi, Daté, Adolé, Koko
The group called LA PATIENCE GOUMOUKOPE KPOCA ANEHO is specialized in market gardening. All ten of its members work in this business. This group is represented by Monsieur Mawuko. This 35-year-old man is married and has two children, both in school. He has been working at this business since 2008, doing it alongside his main job as a motorcycle taxi driver.

Monsieur Mawuko has the same goal as all the members of the group, that is, he wants to keep all his customers and even expand his clientele, for example by expanding his field of endeavor. If his goals are met, he and all his group will be able to improve living conditions and the daily welfare of their families considerably.
View original language description ↓
Le groupe LA PATIENCE GOUMOUKOPE KPOCA ANEHO est spécialisé dans le maraîchage. La totalité de ses membres, c'est-à-dire 10 personnes, travaille dans ce domaine. Ce groupe est représenté par Monsieur Mawuko. Cet homme de 35 ans est marié et a deux enfants, tous deux scolarisés. Il exerce dans la profession depuis 2008. Et ce en parallèle avec son métier de taxi-moto. Monsieur Mawuko a le même objectif que tous les membres du groupe. C'est-à-dire garder toute sa clientèle et même l’élargir par exemple en agrandissant son champ d’activité. Si ces objectifs sont remplis, lui et tout son groupe pourront considérablement améliorer le mode de vie des familles et leur bien être au quotidien.

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

  • $1,700
    Average annual income
  • 2
    View loans »
    Togo Loans Fundraising
  • $8,704,275
    Funds lent in using Kiva
  • 500.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of La Patience Goumoukope Group's $3,950 loan helped a member to buy farm inputs.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015