100%

funded

Total loan: $125,000

Assilassimé Solidarité

Tokoin, Maritime Region, Togo / Services

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A loan helped this field partner to serve borrowers whose livelihoods have been affected by the COVID-19 crisis in Togo.


Assilassimé Solidarité's story

Assilassimé Solidarité is a non-profit microfinance organization located in Lomé, Togo. Since 2013, Assilassimé has worked with Kiva lenders to provide loans to over 12,000 borrowers with more than $3,380,000 lent through Kiva.org. Assilassimé distinguishes itself by providing "social microfinance" to vulnerable individuals (mostly women), particularly those living with HIV or a disability, single mothers, and widows, with no guarantee or deposit required. Assilassimé also offers savings, business development training, and individualized support. While historically a stable and sustainable organization, the global pandemic has led to Togo being under a partial lockdown, with internal movement restrictions and curfews, which has severely impacted Assilassimé’s operations. This includes a limited ability to disburse loans and receive repayments on the loans they disbursed before the crisis. Like many businesses around the world, Assilassimé is unable to operate normally as a result of the crisis. This loan will help support Assilassimé to weather this crisis and continue serving vulnerable populations. Learn more in this blog post. This loan is part of Kiva’s Crisis Support Loan program to assist our Field Partner organizations directly so they can continue to support our borrowers. Because it is part of a pilot program, this loan may have higher risk. Read more in the "More about this loan" section below.