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Update on Kayi

Kayi is 52 years old and the mother of two children, aged 20 and 15. One of her children goes to school. In order to reach her goals, she is requesting her second loan from WAGES to buy damask fabrics and "pagnes" (traditionally printed West African fabrics) for resale to her customers. Her first loan was settled without any problem and she hopes to make enough profits to reinvest in her activity and ensure the well-being of her family.
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Afin d’acheter des pagnes et basins pour ses clients, madame Kayi âgée de 52ans et mère de 02 enfants (20 et 15ans) dont 01 scolarisé, sollicite un second crédit à WAGES pour atteindre son objectif. Son premier prêt a été soldé sans aucun problème et espère avec le profit tiré réinvestir dans l’activité et assurer l’épanouissement de la famille.

Previous Loan Details

Kayi is 51 years old and a mother of three children, one of whom is enrolled in school. She is a retailer by profession, and for two years has been selling her wares on foot. The goods she sells include pagnes (traditionally printed West African cloth) and damask cloth, as well as various sundrie... More from Kayi'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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,964,875
    Funds lent in using Kiva
  • 493.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Kayi to purchase damask cloth and pagnes (traditionally printed West African fabrics).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 12, 2013
Jul 27, 2013
Currency Exchange Loss:
May 17, 2014