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Update on Afiwa

Afiwa is a 36-year-old woman who is married to a chauffeur. She has three children, of whom two are in school. The first child is 10 years old, and the last is 3. Afiwa has been working as a retailer since 2007. She sells charcoal, corn, and yam tubers out of her home to any customer. She purchases the goods in Lomé. At the moment, her main difficulty is an inventory shortage.

Afiwa has requested a second WAGES loan to purchase some charcoal, corn, and yams. She wants to reinvest in the business. In the coming years, Afiwa would like to expand her business. She says that, with the profits, she plans on improving her family's living conditions.
View original language description ↓
Afiwa est une femme âgée de 36 ans. Elle est mariée à un chauffeur. Elle a 3 enfants, dont 2 à l’école. Le premier a 10 ans et le dernier a 3 ans. Afiwa travaille comme revendeuse depuis 2007. Elle revend du charbon de bois, du maïs et des tubercules d’igname pour tous clients à domicile. Elle achète les produits à Lomé. Au moment, sa difficulté principale est la rupture de stock. Afiwa a requis son second crédit de WAGES afin d’acheter du charbon de bois, du maïs et des tubercules d’igname. Elle veut réinvestir dans l’activité. Dans les prochaines années, Afiwa voudrait agrandir la taille de son activité. Elle dit qu’avec les profits, elle prévoit améliorer les conditions de vie de sa famille.

Previous Loan Details

Afiwa is a 36-year-old woman. She is married to a driver and has three children, two of whom attend school. The eldest is eight years old and the youngest is two. Afiwa has been working as a reseller since 2009. She sells charcoal, corn and yam tubers to all comers at home. She buys her produc... More from Afiwa's previous loan »

Additional Information

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!

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Togo

  • $1,500
    Average annual income
  • 8
    View loans »
    Togo Loans Fundraising
  • $9,000,575
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD