Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:

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 unbanked individuals, the disabled, single mothers, sex workers, people living with HIV, and widows.

Assilassimé also uses a unique lending model: group loans with individual responsibility. This model emerged because group liability can cause tension between borrowers, to the exclusion of some of the most vulnerable potential clients. In addition to credit, the organization offers savings and business development training. It prides itself on offering individualized support and business development coaching, convenient group meeting points, and transparent pricing.

Assilassimé offers two loan products: the “Coup de pouce” or “Boost” loan, a very small loan designed to support startup businesses at a reduced interest rate; and the “Aménovi” or “Brotherhood” loan structured to support established businesses. The type of loan product, amount, and repayment term are all tailored to the needs of individual borrowers irrespective of the terms and amounts accepted by fellow borrowing group members. All of these loan products are combined with training and customized business management support.

To reach the populations where it can make the most impact, Assilassimé works with a number of NGOs in Togo. These include organizations that support HIV patients, disabled individuals, marginalized women, and more. Sometimes, to make borrowing even easier for clients, Assilassimé has staff meet with them at other NGO offices.

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.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Jul 19, 2013 Oct 12, 2005
Total Loans $8,373,115 $1,962,045,250
Amount of raised Inactive loans $3,700 $898,755
Number of raised Inactive loans 7 437
Amount of Paying Back Loans $1,166,115 $154,663,925
Number of Paying Back Loans 2,026 180,233
Amount of Ended Loans $7,203,300 $1,775,886,350
Number of Ended Loans 22,562 2,382,964
Delinquency Rate 4.39% 11.48%
Amount in Arrears $30,648 $10,646,073
Outstanding Portfolio $441,482 $92,699,447
Number of Loans Delinquent 185 44,536
Default Rate 0.01% 1.82%
Amount of Ended Loans Defaulted $963 $32,352,443
Number of Ended Loans Defaulted 14 84,926
Currency Exchange Loss Rate 0.16% 0.49%
Amount of Currency Exchange Loss $60,611 $12,026,994
Refund Rate 0.03% 0.54%
Amount of Refunded Loans $2,200 $10,526,300
Number of Refunded Loans 2 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 94.20% 78.24%
Average Loan Size $336 $392
Average Individual Loan Size $339 $589
Average Group Loan Size $1,645 $1,892
Average number of borrowers per group 15.9 8.3
Average GDP per capita (PPP) in local country $1,500 $5,599
Average Loan Size / GDP per capita (PPP) 22.42% 7.00%
Average Time to Fund a Loan 6.42 days 8.94 days
Average Dollars Raised Per Day Per Loan $52.37 $43.85
  Average Loan Term 7.46 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 6,316 1,181,733
  Journaling Rate 27.67% 42.25%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 12% PY 24.00% PY 27.02% PY
  Profitability (return on assets) 1.4% 3.1% -3.10%
  Average Loan Size (% of per capita income) N/A 188.00% 0.00%

Country Fast Facts

Lending Partner Staff

Jacques AFETOR
Flore Amedome 2
Joel API
Antoine EDAH
Justine TENGOU