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Bassinadou Group
In this Group: Naka, Ama, Adama, Koumnoni, Paam, Anedodo, Baladane, Sanako
The official of a group composed of men and women who all work in agriculture in RÉGION CENTRALE, Ms. Naka is the mother of six children. The oldest child is 33 years old, and the last is 10. She is a 50-year-old widow. To enable her children to grow up under good conditions, she farms the land.

Helped by one person, Ms. Naka is requesting a second loan from our institution to buy farm inputs. She has been doing this work for seventeen years and hopes to build a house with the profits earned and to transform her field into a large farm.
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Responsable du groupement constitué de femmes et d’hommes tous lancés dans l’agriculture en RÉGION CENTRALE, madame Naka est mère de 06 enfants. L’ainé est âgé de 33ans et le dernier 10ans. Elle est veuve et âgée de 50ans. Pour permettre à ses enfants de grandir dans de bonnes conditions, elle cultive la terre. Aidée par 01 personne, madame Naka sollicite un second crédit dans notre institution pour acheter des intrants agricoles. Il y a de cela 17ans qu’elle est dans cette activité et espère qu’avec le profit tiré construire une maison, transformer son champ en une ferme agricole.

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
  • 8
    View loans »
    Togo Loans Fundraising
  • $9,031,000
    Funds lent in using Kiva
  • 531.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD