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Swaa Mawupenusin Group
In this Group: Yidi Angele, Dope, Afiavi Josephine, Amavi, Mawulawoè, Amivi, Ayawovi Amenyona, Ama Enyonam, Eya Delahiawo, Augustine
Since 2004 Angèle has been getting supplies of "pagne" (brightly colored fabric) from the Grand Market and reselling them in the Novissi and Kodomé districts of Lomé. She lives in Kodomé with her husband and two children. She gets fresh supplies twice a month and sells from Monday to Saturday, from eight o'clock in the morning to six in the evening. She is the leader of the Swaa Mawupenusin group and is self-disciplined with a capacity for listening. Her capabilities have allowed her to build up a loyal customer base and make a significant daily income.

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.
View original language description ↓
Depuis 2004, Angèle s’approvisionne au grand marché en pagne et les revends dans les quartiers Novissi et Kodomé à Lomé. Elle habite Kodomé avec son mari et ses 2 enfants, Angèle s’approvisionne deux fois par mois et vend de lundi à samedi, de 8h à 18h. Elle est leader du groupe SWAA MAWUPENUSIN et a le sens de rigueur et une capacité d’écoute. Ses capacités lui permettent de fidéliser ses clients et d’avoir des recettes importantes par jour.
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.

Additional Information

More information about this loan


About Assilassimé

Assilassimé 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.

About Togo

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,758,375
    Funds lent in using Kiva
  • 481.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Swaa Mawupenusin Group's $2,100 loan helped a member to buy nine pieces of "pagne" fabric.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2014
Listed
Jul 9, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015