Update on NouriétouNouriétou is 35 years old and lives with her retired husband and their children in Lome. Three of their children currently attend school. In order to help her husband with the household expenses, Nouriétou sells cereals at the market and at home.
Nouriétou is a long-standing client of the field partner, and this will be her seventh loan with them. The sum that she is asking for will be used to buy cereals. In the future, she would like to become a wholesaler and be able to guarantee the education of her children.
Previous Loan DetailsNouriétou, 34 years old, lives with her retired husband and their six children in Lome. Three of their children go to school. To lend a hand to her husband with the household expenses, since 2000 she has sold grains at the market and at home. She is a longtime client of the bank and is on her fif... More from Nouriétou's previous loan »
About Women and Associations for Gain both Economic and SocialThis 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.
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