Madame Abra has been working in agriculture since 2000. Her work is located in RÉGION MARITIME (in a town called TSEVIE) and she has three people who help her advance her agricultural pursuits. She is a member of an association called « DZIDODO» which means « COURAGE » of which she is the leader. They are all in the field of agriculture and this work brings them considerable income, permitting them to take care of their families. This first loan that they are requesting will be used to buy agricultural tools in order to have a good harvest. They hope to add to their arable land and ensure the well-being of their families.
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