Yao is a young 35-year-old married man who lives in the Adidogomé neighborhood and has five children to support. He is a grain trader and gets his supplies once a month from suppliers.
Yao is requesting this loan to buy bags of maize. Yao intends to make his income-generating activity profitable and generate income to meet his family’s daily needs and enjoy financial autonomy.
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About Assilassimé Solidarité:
Assilassimé Solidarité (“Hand in Hand” in Ewe, the local language) is a nonprofit microfinance institution in Togo founded in 2012. The organization is distinguished in the Togolese microfinance landscape because it offers services only to vulnerable individuals in the Lomé area, particularly the disabled, single mothers, sex workers, people living with HIV, and widows. Kiva loans made through Assilassimé help some of Togo’s most vulnerable people, including the very poor, to start or grow businesses and establish stable livelihoods.
Because Assilassimé is a young microfinance institution that has yet to establish a track record, loans made through this organization carry a higher level of risk than typical loans on Kiva.