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Update on Koffi

A young man of 27, Koffi has been selling fried fish door-to-door since 2008 to meet his needs. He is on his third loan cycle and this money will help him resupply in order to meet customer demand. Koffi hopes to become a wholesaler and, later, to start a family.
View original language description ↓
Jeune homme de 27ans, Koffi pour subvenir à ses besoins revend des poissons frits depuis 2008 à ses clients à domicile.Il est à son troisième crédit de prêt et cet argent l'aidera à s'approvisionner en marchandises afin de satisfaire les besoins des clients. Il espère devenir grossiste et fonder plus tard une famille.

Previous Loan Details

Koffi is a 26 year old single man. He has been working as a retailer since 2010. He sells fried fish door-to-door to all types of customer. He buys his products in Benin. He works alone. At the moment his biggest problem is running out of stock. Koffi is seeking this first loan with WAGES in orde... More from Koffi'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
  • $8,999,875
    Funds lent in using Kiva
  • 473.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD