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Aminatou

Update on Aminatou

Aminatou, aged 24 and working at home, is a vendor of small fish. She is asking for a second WAGES loan to bolster and expand her business with the goal of buying and selling small fish. She started her business in 2011.
View original language description ↓
Aminatou âgée de 24ans exerçant à la maison est revendeuse de petits poissons. Elle demande un second prêt chez WAGES pour renforcer et élargir son activité dans le but d’acheter et de revendre des petits poissons. Elle a démarré son activité en 2011.

Previous Loan Details

Twenty-three years old, Aminatou is married to a nurse and they don't have any children yet. In 2009, she began reselling yams and other products in a market of her locale. She gets her supplies in Lomé and in the surrounding villages of the country. In order to ensure the well-being of her famil... More from Aminatou'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.

About Togo

  • $1,500
    Average annual income
  • 12
    View loans »
    Togo Loans Fundraising
  • $8,806,250
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD