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Neo Club Group
In this Group: Dosseh, Akouété, Anoumou
Created in 2005 in Aklakou in Togo, the group MIAWOGNOIN has 6 members. Its goal is to facilitate the access to credit and improve living conditions for its members.



In response to the ardent wishes of its members, the group has requested a loan that will serve as funds for making small loans to those members. Please note that since the creation of the group, they have never failed to make a repayment.

View original language description ↓
Créé en 2004, l’association NEO-CLUB est un groupe de sonorisation très sollicité dans le canton d’Aklakou et de ses environs lors des manifestations aussi bien heureuses (anniversaires, baptêmes, sortie de nouveau né, fêtes….) que malheureuses (décès).

Cependant l’association ne dispose pas de véhicule pour assurer le transport des matériels de sonorisation. Ainsi, les dépenses occasionnées par la location de véhicule ne permettent pas aux membres de NEO-CLUB de dégager beaucoup de bénéfice devant leur permettre d’améliorer leur niveau de vie.

C’est pour plus de rentabilité de son activité qu’elle sollicite un crédit afin de se procurer de moyens de transport.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Togo

  • $1,700
    Average annual income
  • 9
    View loans »
    Togo Loans Fundraising
  • $8,666,900
    Funds lent in using Kiva
  • 488.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Neo Club Group's $1,200 loan helped a member access to credit for utility services.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 1, 2008
Listed
Oct 18, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010