With increased storage capacity, Codjo is now able to negotiate the price of fish the day after delivery and make payments days after that. Before MCC’s investment, suppliers would not deliver fish without agreeing on the price first and they usually demanded immediate payment. We have better visibility with financial institutions.”ĪWA Fish has also established better terms with a national network of fishing families. “We have increased our storage capacity,” Codjo said.
In 2009, the business had a revolving line of credit of up to $80,000 today, that line of credit has doubled. Registered businesses such as AWA Fish provide critical tax revenue for the Government of Benin, which is unable to fully capture business tax revenue due to the country’s large informal sector.įor AWA Fish, MCC’s investment has meant room to grow: the business has more than doubled its storage capacity, from 170 tons in 2009 to 500 tons today, and has established greater credibility with local banks. Although Benin has many women-owned businesses in a variety of sectors from agriculture to crafts, the vast majority of them are small and not formally registered. The project also helped strengthen the Government of Benin’s supervision of microfinance institutions and established a new credit bureau that provides microfinance institutions with current information on small businesses and other potential borrowers often underserved by large banks.Īccess to finance is cited as one of the top obstacles to doing business in Benin, particularly for women. Now, she stands to benefit from MCC’s $375 million Benin Power Compact.ĪWA Fish’s grant was part of a $17.3 million MCC-funded project to increase productivity, profitability and access to finance for micro-, small- and medium-sized businesses, which are the backbone of Benin’s economy. Madame Awahou Codjo is a small business owner in Cotonou who benefitted from MCC’s 2006 investments in Benin.
#BIG AWA FISH GENERATOR#
MCC’s Benin Compact, completed in 2011, helped Codjo grow her business by financing the purchase of two walk-in freezers, one generator and two motorized boats, along with training in accounting and related software. AWA Fish, named after its proprietor, Madame Awahou Codjo, serves as a link between more than 400 fishing families and Benin’s active retail fish markets. Davis, Deputy Resident Country Director, Beninīass, red carp and sardine are among the wide variety of fish that fill the cold storage rooms of a small business owned by a female entrepreneur in Cotonou, Benin.
#BIG AWA FISH PLUS#
Meanwhile, our commitment to valuing, training and rewarding our team of staff members also earned us the national Staff Training and Development Award in 2007/08’s Seafish Fish and Chip Shop of the Year competition plus a Fife Business Excellence Award in the same category.Christopher S. We’ve been named Seafish Best in Scotland no fewer than four times and have earned Taste Our Best accreditation as part of a VisitScotland quality assurance scheme recognising and celebrating businesses who provide locally sourced, quality food and drink.Īnstruther Fish Bar is listed in the UK Good Food Guide 2014-15 – Britain’s best-selling restaurant guide. These awards celebrate and reward the very best in Scottish food hospitality, and are voted for by the Scottish public. In 2014, Anstruther Fish Bar and Restaurant won Food Awards Scotland’s Takeaway of the Year Award. Since then, we have worked hard to maintain and improve on our long-established reputation, and to become ambassadors for the fish and chips industry. We joined the small, elite band of Seafish Fish and Chip Shop of the Year winners in 2008/09 after being judged the best out of some 12,000 outlets across the UK. The highest standards of freshness, quality, cleanliness and sustainability have made Anstruther Fish Bar and Restaurant a favourite destination for food lovers.Īnd we’re proud that this passion for giving our customers the very best has been recognised with a string of top awards.
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