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Miawognoin Group
In this Group: Ekoué, Koffi, Roger
Created in 2005, in Aklakou, Togo, the MIAWOGNOIN group is composed of three members. Their goal is to facilitate access to credit and to improve the family living conditions of its members.

To meet the strong demand of its members, the group is requesting a loan that will serve as funds for lending to its members. Let's emphasize that, since its creation, the group's records show it has never missed a payment.
View original language description ↓
Créé en 2005 à Aklakou au TOGO, le groupement MIAWOGNOIN compte trois membres. Il a pour objectifs de faciliter l’accès au crédit et d’améliorer les conditions de vie de ses membres.

Pour répondre à la forte demande de ses membres, il sollicite un crédit qui servira de fonds de crédit à ses membres. Soulignons que depuis sa création, le groupement n’a jamais enregistré d’impayé.

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

  • $1,500
    Average annual income
  • 1
    View loans »
    Togo Loans Fundraising
  • $8,766,375
    Funds lent in using Kiva
  • 488.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Miawognoin Group's $1,200 loan helped a member access to credit for general 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