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Progres Group
In this Group: Limdouh, Kpatchika, Pyalo, Mélébaneya, Doga, Atsufe, Blandine, Tchilalo, Komlan*, Tchasso*, Kanpatissao, Bazambadi
* not pictured
Mr Limdouh is father to 4 children. All are in school and are between 6 and 18 years old. His spouse is a reseller. 48 years old, he practices farming and cultivates corn. His businesses are all based in the central region. To better respond to the growing demands from his clients, he is requesting help from 4 people and he has been in this profession for 4 years. Mr Limdouh is part of a group named PROGRÈS consisting primarily of farmers (women and men) and he is the president. They are requesting this loan to buy more powerful tools in order to have a better yield. They want to increase their surface areas, take care of the children and progress in their professional lives.
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Mr Limdouh est père de 04 enfants. Tous sont sur les bancs d’école et ils ont entre 18 et 06ans. Sa conjointe est revendeuse. Âgé de 48ans, il exerce comme activité l’agriculture et il cultive du maïs. Ses activités sont toutes basées en RÉGION CENTRALE. Pour mieux répondre aux demandes croissantes des clients, il sollicite l’aide de 04 personnes et il y a de cela 04 ans qu’il est dans ce métier. Mr Limdouh fait partie d’un groupement nommé « PROGRÈS » constitué en majorité des agriculteurs (femmes et hommes) dont il est le président. Ils sollicitent ce prêt pour acheter des outils de travail plus performant afin d’avoir un meilleur rendement. Ils veulent augmenter leurs superficies, prendre en charge les enfants et progresser dans leur vie professionnelle.

Additional Information

More information about this loan

This loan is part of a special WAGES program for groups of Togolese farmers and livestock breeders, offering financing at a lower interest rate in addition to relevant training. The reduced interest rate is designed to hit a sweet spot, empowering clients in rural Togo to capture significant, impactful profits and become more financially stable after three credit cycles. WAGES is working with the Togolese government, Veterinarians Without Borders and the African Institute for Economic and Social Development to make this program possible. By supporting this loan, you're extending opportunity in a country where 70% of the population works in agriculture but financing options remain scarce.

About Women and Associations for Gain both Economic and Social

This loan is administered by Women and Associations for Gain both Economic and Social (WAGES), Togo’s second-largest microfinance institution. Along with a wide range of savings and loan products, WAGES offers its clients training programs in basic literacy, health care (HIV/AIDS and malaria), and business-related subjects (business management, marketing, accounting). You can show your support for WAGES by joining its lending team!

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
  • 6
    View loans »
    Togo Loans Fundraising
  • $9,031,000
    Funds lent in using Kiva
  • 535.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD