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Rachidatou

Update on Rachidatou

Rachidatou is married and the mother of two children (a 5-year-old and a 17-month-old). She lives with her family in Totsi, a suburb of Lomé. She makes a living selling general food products. Her inventory is currently quite low and she would like to rebuild it. To this end, she is requesting a second loan from WAGES to buy some bags of rice, cans of oil, boxes of spaghetti and various other products. Rachidatou is 32. She started in this business in 2009.
View original language description ↓
Rachidatou est mariée et mère de 02 enfants, (05 et 1an 05mois), elle vit avec sa famille dans le quartier de Totsi qui est un quartier périphérique de la ville de Lomé. Elle exerce comme activité génératrice de revenu le commerce de produits d'alimentation générale. En ce moment elle fait face à une baisse de son stock de produits d'alimentation générale. Voulant se réapprovisionner, elle sollicite de WAGES un second crédit pour l'achat des sacs de riz, des bidons d'huile, des cartons de spaghetti et divers produits. Elle a 32ans, a démarré en 2009.

Previous Loan Details

Rachidatou T., married with one child, lives with her family in Totsi, a suburb of Lome. She makes a living selling groceries. Her innventory is low and she wants to rebuild it. She is asking for a WAGES loan to buy 15 bags of rice, six cans of oil, four boxes of spaghetti, and so on.

... More from Rachidatou'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
  • 8
    View loans »
    Togo Loans Fundraising
  • $8,666,900
    Funds lent in using Kiva
  • 498.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Rachidatou to buy grocery products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014