| ID: | 51008 |
|---|---|
| Country: | Benin |
| Title: | Benin - Adapted Rural Financing Services Promotion Project in Benin - Sept 2017 |
| Description: |
September 6th, 2019. Atchannou, Benin Republic.Nestor refilling a basin with maize in his storage room in Atchannou. Nestor Agustor 45years is a businessman with one wife, 5 children and 5 fostered children.In 2008, Nestor relocated to Atchannou and open a convenience store in after quitting his Mechanic job he had in Lome. He started the store with 100, 000 CFA loan and with his wife they worked hard together to make the business grow.Nestor decided to develop business relationship with ASF because was much easy for him to secure a loan with the ASF when compared to other commercial banks he had approachedAfter refunding the first loan he was able to acquire subsequent loans from 200, 000 CFA - 500, 000 CFA and now 4, 000 000. With this loan he has been able to acquire cars he used for transport business, build his personal house and rental houseHe wishes ASF will be present all part of the country because of their importance.He wants the children to go into businesses will make them self-reliance. |
| Size: | 26.92 MB; 4096 x 6144 pixels; 347 x 520 mm (print at 300 DPI); 1084 x 1626 mm (screen at 96 DPI); |
| Show more details: | Andrew Esiebo |
| Copyright: | ©IFAD/Andrew Esiebo/Panos |
| Categories: | none |
| URL: | www.ifad.org |
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