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Novissi-Afagnan Group
In this Group: Kokou, Kokouvi, Agbowougbé, Amélévi, Messan, Koami, Kokou, Afi, Yao, Kodjo, Komi, Kodjo, Akouvi, Adjo, Yawa, Abla
Novissi-Afagnan is a solidarity group of men and women involved in agriculture (growing corn, tomatoes, peppers, ...), retail trading, livestock farming and sewing.

Mr. Kokou has been appointed by the other members to lead them. He is a 38-year-old man who is married to a farmer and has eight children under his care of whom three attend school.

This is his first loan from WAGES and this amount will help in acquiring work tools as he is a farmer. He has been working in this area for the past 13 years and is based in Aneho (located 45 km from the city of Lomé). One other person helps him with this activity.

With the extra profits he wants to develop a vegetable farm and expand the area cultivated. The other members also hope to have a good crop yield so they can take better care of their families.
View original language description ↓
Groupement solidaire d’hommes et de femmes ayant pour nom NOVISSI –AFAGNAN basés dans l’agriculture (la culture du mais, tomate, piment…), le commerce, l’élevage et la couture. Mr Kokou est nommé par les autres pour les diriger. C’est un homme de 38ans qui est marié à une cultivatrice et a en charge 08enfants dont 03 scolarisés. Il est à son premier crédit de WAGES et ce montant l’aidera à s’approvisionner en outils de travail car il est cultivateur. Il est dans ce domaine il y a 13ans et basé à ANEHO (localité située à 45km de la ville de Lomé) 01 personne l’aide dans l’exécution de son activité. Avec les profits supplémentaires, il veut construire une ferme agricole et augmenter sa superficie cultivable. Les autres membres espèrent eux aussi avoir un bon rendement et mieux s’occuper de leur famille.

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
  • 5
    View loans »
    Togo Loans Fundraising
  • $8,957,500
    Funds lent in using Kiva
  • 491.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Novissi-Afagnan Group's $1,975 loan helped a member to buy work tools and retail products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 18, 2013
Aug 23, 2013
Currency Exchange Loss:
Dec 30, 2015