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Update on Ayoko

Ayoko is a 43-year old woman. She is married to someone who works. She has one 16-year old child who attends school. Ayoko has worked as a reseller of "pagne" (brightly-colored cloth), cookies, and snacks since 1999. She stocks up in Lome and her challenge is the competition at the market. Ayoko is asking for her second loan from WAGES in order to buy cookies and snacks. She wants to grow her business and open other points-of-sale. Then she wants to save. In the coming years, Ayoko would like to become a wholesaler, to provide an education for her child, and to have a well-off family.
View original language description ↓
Ayoko est une femme âgé(e) de 43 ans. Elle est mariée à un employé. Elle a 01 enfant âgé de 16ans qui est scolarisé. Ayoko travaille comme revendeuse de pagnes, de biscuits et amuse-gueule au marché depuis 1999. Elle s’approvisionne à Lomé et sa difficulté est la concurrence sur le marché Ayoko a requis son second crédit de WAGES afin d’acheter des biscuits et des amuse-gueule. Elle veut agrandir le commerce et créer d’autres points de vente puis épargner. Dans les prochaines années, Ayoko voudrait devenir une grossiste, assurer la scolarisation de son enfant et avoir une famille aisée.

Previous Loan Details

Ayoko is s 42-year-old woman, and her husband is an employee of a business. She has one child aged 15, who is at school. Ayoko works reselling cookies and snacks in the market, and has done so since 1999. She gets her supplies in Lomé, and the difficulty she faces is the competition in her mar... More from Ayoko'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
  • 0
    View loans »
    Togo Loans Fundraising
  • $9,026,400
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD