![](http://www.gca-foundation.org/wp-content/uploads/2020/05/Logo-COMUBA.jpg)
Benin
![](http://www.gca-foundation.org/wp-content/themes/wp-bootstrap-gca/inc/assets/images/picto-241-vert.png)
Financing granted
Loan of €915,000
(equivalent in local currency)
Foundation partner
since 2015
*Outstanding amount at grant value
Partner website![](http://www.gca-foundation.org/wp-content/uploads/2020/05/ODD-1-AN-scaled.jpg)
![](http://www.gca-foundation.org/wp-content/uploads/2020/05/ODD-5-AN-scaled.jpg)
![](http://www.gca-foundation.org/wp-content/uploads/2020/05/ODD-8-AN-scaled.jpg)
Context:
Benin’s economy is heavily dependent on informal re-export and transit trade with Nigeria (estimated at 20% of GDP) as well as on agriculture. Women are penalized by a lack of access to economic opportunities and are under-represented in senior positions.
Institution:
COMUBA is a Tier 3 institution created in 2000 by a group of market gardeners who were unable to finance their activities through the traditional financial sector. It offers financial and non-financial services through group loans in particular.
Impact:
COMUBA provides loan and savings services to its clients under group and individual methodologies. It contributes to improve the well-being of low-income women through group lending by providing them with quality financial and non-financial services.