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Teliba Group
In this Group: Pitessam, Rhincami, Banandera, Amah, Naam, Pikenaki, Adjoua, Argba
Teliba Group is made up of women and men who are all farmers and grow corn and soy. Mr. Pitéssam is responsible for the group. He was born in 1984 and is the father of two children. One is 3 years old, the other is six months old.

The members of the group are seeking their first loan to buy work tools. The profits will help them improve their production and take care of their families.

It should be noted that Pitéssam started his business in 2005 in Central Region with the help of another person.
View original language description ↓
Constitué de femmes et d’hommes tous dans le domaine de l’agriculture (culture du mais et du soja), ce groupement nommé TELIBA a pour responsable mr Pitéssam. Il est né en 1984 et père de 02 enfants âgés de 03ans et 06mois. Ils sollicitent ce premier prêt pour acheter des outils de travail. Le profit les aidera à améliorer leurs productions et à prendre soin de la famille. Notons que Pitéssam a démarré en 2005 son activité en REGION CENTRALE et aidé par 01 personne.

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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,849,750
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD