Swaa Mawupenusin Group
Having developed some diversification of her products, Angèle would now like to add nine pieces of "pagne" fabric to her stock with the loan she is requesting. The other members of the group sell a variety of products such as corn, hair extensions, basic commodities, fruits and others. Their aim is to build up their stock by buying further products.
Apres avoir suivi la formation sur la diversification de ses produits, Angèle veut ajouter à son stock 9 pièces de pagne avec le crédit qu'elle sollicite.
Les autres membres du groupe commercialisent divers produits tels que, le maïs, les mèches, les produits de premières nécessités, les fruits et autres. Leur désir est de renforcer leur stock par l’achat de produits supplémentaires.
More information about this loan
About AssilassiméAssilassimé Solidarité (“Hand in Hand” in Ewe, the local language) is a nonprofit microfinance institution in Togo founded in 2012. The organization is distinguished in the Togolese microfinance landscape because it offers services only to vulnerable individuals in the Lomé area, particularly the disabled, single mothers, sex workers, people living with HIV, and widows. Kiva loans made through Assilassimé help some of Togo’s most vulnerable people, including the very poor, to start or grow businesses and establish stable livelihoods.
Because Assilassimé is a young microfinance institution that has yet to establish a track record, loans made through this organization carry a higher level of risk than typical loans on Kiva.
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.
2View loans »
Success!! The loan was 100% repaid