Update on RabiRabi is the 30-year-old wife of a reseller and has two children. The oldest child is 6 years old and attends school while the youngest child, 2 years old, stays at home with his mother.
In order to help her husband with their household expenses, Rabi started her business in 2003, selling general food products, hair extensions, and brocade from her home. She stocks up in Lomé and is on her fifth loan with WAGES.
This loan will allow Rabi to further stock up on merchandise. Looking to the future, she hopes to grow her business and secure the basic needs of her family.
Previous Loan DetailsRabi, aged 29, has two children. One child is not yet in school and is 1 year old. The other is 5 and is in school. Rabi's husband is a spare parts vendor. As for Rabi, she sells jewelry,hair extensions, and shoes at a small shop. Her business was started nine years ago. She has now begun her fou... More from Rabi's previous loan »
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!
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.
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Success!! The loan was 100% repaid