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Sani

Update on Sani

Sani is married to a retailer and has dependent children. To take care of the children's needs, Sani makes his living selling beef. With this business, he has repaid many loans and is asking for another loan to buy more merchandise. He wishes to expand his business in the future and provide a good education to his offspring.
View original language description ↓
Sani est marié à une revendeuse et a des enfants en charge. Pour répondre aux besoins de ces derniers, il exerce comme activité la vente de la viande de bœuf. Avec cette activité, il a remboursé un bon nombre de crédits et sollicite son prêt pour acheter plus de marchandises. Il souhaite à l'avenir développer son activité et assurer une bonne éducation à ses progénitures.

Previous Loan Details

Sani is married and has 6 children in his care. To respond to the needs of his children, he runs a business selling beef. With this business, he has repaid a good number of loans. To obtain beef, he buys cattle in the northern part of Burkina Faso, in Dapaong and Mango. He has close to 10 years o... More from Sani'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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,707,775
    Funds lent in using Kiva
  • 483.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Sani to buy beef.
100% repaid
Repayment Term
29 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 23, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2014