Funded

Total loan: $650
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Titomagba Group

Benin
Benin / Food Production/Sales

A loan of $650 helped a member to buy rice, corn, and seasoning.


Titomagba Group's story

The TITOMAGBA group consists of three people whose president (the one with her hand raised in the photo) is named Marguerite. The group members are old friends. In order to increase their working capital, this group is asking for their third loan with ALIDE. Marguerite was born in 1971 in Benin. She is married to a chauffeur named Noel. The couple have three children, all in school, one of which is their dependent. After dropping out of primary school, Marguerite started, ten years ago, to prepare food (rice, corn pasta with sauce, etc.) that she sells in her neighborhood. Marguerite stocks up at one of the markets in Benin. This business generates income that helps her to take care of the various family expenses. This third loan will certainly allow Marguerite and the other members of the TITOMAGBA group enahnce their business and increase their number of customers and their income.

In this group: Marguerite, Nicole, Marie
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Frances Hsieh



Loan details

Loan length:

13 months
Disbursed date: May 26, 2011

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: May 26, 2011