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Akossiwa

Update on Akossiwa

The mother of three children, Akossiwavi resides in Agoé, where she runs her business (selling small fish, tomatoes, rice, vegetable oil). She makes her purchases at the Grand Market. She is a previous client of WAGES and she is on her fifth loan. She wants to ensure a brilliant future for her children, since she alone cares for them, has a boutique for selling her products, and will later have an import-export business. 51-years-old, she has 18 years of experience.
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Mère de 03enfants, Akossiwavi réside à Agoé lieu où elle exerce son activité (vente des petits poissons, de la tomate, du riz, huile végétale). Elle achète au Grand Marché. C’est une ancienne cliente de WAGES et elle est à son cinquiéme crédit. Elle veut assurer un avenir radieux à ses enfants vue qu’elle prend seule en charge ses derniers, avoir une boutique pour exposer ses produits, et plus tard faire du commerce IMPORT- EXPORT. Âgée de 51ans, elle a une ancienneté de 18ans.

Previous Loan Details

A mother of three children, Akossiwavi resides in Agoé, where she has her business (selling small fish, tomatoes, rice, vegetable oil). She makes her purchases at the Grand Market. She is a previous client of WAGES, and she is on her third loan. She wants to ensure a brilliant future for her… More from Akossiwa's previous loan »

Additional Information

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!

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

Tags

About Togo

  • $1,700
    Average annual income
  • 7
    View loans »
    Togo Loans Fundraising
  • $8,590,025
    Funds lent in using Kiva
  • 494.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Akossiwa to buy smoked fish, tomatoes, and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2014