Microcredits for entrepreneurs in Benin

With 47% of the population living below the poverty line, Benin has one of the lowest human development index in the world (UNDP). Women from the rural areas of Benin are missing the resources to implement a small income-generating business. This is why they are aiming to access financial resources that they will use efficiently to improve the life-conditions of their families and in some cases allow them to exit the poverty threshold.

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Seeds has provided both financial resources and technical support for the microfinance operator CAIES (Cooperative d’Appui aux Initiatives Economiques et Sociales). Thanks to this, almost 1000 women have received financial resources for the development of their business within the first year. The beneficiaries are mainly women who work in small business of food transformation and in the markets.

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Location: city of Bohico