The group POUWEREOU DE KAZA is created by three dynamic women who are in business in the central region. Their main business is the sale of corn. They gave each other as a goal mutual support. The second loan that the POUWEREOU group has just requested allowed it to stock up in cereal during their period of abundance and to resell it during times of shortage. With the profits, that they will make from the sales, they hope to increase their stock and to ensure good living conditions for their families. This group has a representative named Afoua. She has been in this business for 10 years. For the future, she would like to save and take care of her family.
L'association POUWEREOU DE KAZA est créée par Trois (3) femmes dynamiques qui exercent des activités commerciales dans la REGION CENTRALE. Leur activité principale est la vente de mais. Elles se sont données comme objectif l’entraide mutuelle. Le second crédit que l’Association POUWEREOU vient de solliciter lui a permis de faire l’approvisionnement des céréales en leur période d’abondance et de les revendre en temps de pénurie. Avec les profits, qu’elles vont tirer de la vente, elles espèrent augmenter leur stock et assurer un bon niveau à la famille. Ce groupement a une responsable nommée Afoua. Elle est dans ce domaine il y a 10ans. Comme perspectives d ‘avenir, elle veut épargner et prendre soin de la famille.
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.