A loan of $300 helped a member to buy rice, condiments and peanut oil.


Mahugnon 12 Group's story

The Mahugnon 12 group is composed of three individuals who are friends and members of the same communal savings group. The group’s representative, by the name of Sophia, is the one raising her hand in the photo. Sophia is 48 years old and married to Maxim. They have two dependent children, both in school. The spouses jointly provide for various household needs. To contribute to the family budget, Sophia sells food items (such as rice and bread) out of her home. This business allows her to cover her needs without great difficulty. Sophia stocks up at a market in Benin. With the goal of meeting customer demand and increasing her sales volume and her revenues, Sophia, along with the other members of the Mahugnon 12 group, is seeking her first loan from ALIDé. This loan will allow them to expand their business, increasing their customer base as well their revenues.

In this group: Sophia , Irène, Bernadette
*not pictured

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Translated from French by Kiva volunteer Ekaterina Sukhanova



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