Total loan: $1,000
Calavi, Atlantique Department, Benin / Food
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Mahugnon Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy bread, canned sardines, milk, pasta and two cans of peanut oil.
Mahugnon Group's story
Mahugnon Group is composed of three women who live in the same neighborhood of Sèdégbé in the municipality of Abomey Calavi. This is the third time that they apply for financial assistance from the microfinance institution Alidé in order to boost their activity level. The group's representative is Marguerite, who is pictured raising her hand. She was born in Tokpa-Domè in Benin in 1958. She is widowed and provides for three children, who all attend school. Some 30 years ago, Marguerite settled in Sèdégbé, where she currently lives with her children. She provides alone for the household, thanks to the income from her business activity. For the past two decades Marguerite has been selling bread and other goods (canned sardines and tomatoes, sugar, milk, soap, pasta, etc.). Marguerite buys her supplies in Dantokpa, the international market of Benin, and her bread from bakers in Cotonou. It is from her home that she sells her goods. Eager to satisfy her customers' needs and increase her income, Marguerite and her group apply for another loan.