Amavi is 41 years old, married and the father of five children. He lives in Avepozo. He has been working as a vendor since 1999. He first started by selling cement, and 12 years ago he launched selling basic food items and charcoal. Amavi stocks up four times a month at the big [market] of Lomé and resells out of a store set up in his home. Amavi is seeking a microloan in order to increase his stock and earn a bigger revenue.
Agé de 41 ans, marié et père de cinq(5) enfants Amavi habite à Avépozo. Il exerce le commerce comme activité génératrice de revenu depuis 1999. Il avait commencé avec la vente des ciments et il y a 12 ans, il fait la vente des produits d’alimentation générale et de charbon de bois. Amavi s’approvisionne 4 fois par mois au grand de lomé et revend dans une boutique à son domicile. Amavi sollicite un microcrédit pour agrandir son stock afin de faire plus de bénéfices.
More information about this loan
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.