Capria impact story

Powering informal entrepreneurs

Following her husband’s death in 2016, Afeez Monsurat’s life came crashing down. With their savings depleted and income from her petty trading no longer enough to sustain her family, she was struggling to make ends meet and keep her children in school. Afeez’s circumstances changed when a close friend introduced her to MAX.  

MAX’s mission to empower informal entrepreneurs resonated with Afeez, who saw an opportunity to rebuild her life. The company provided Afeez with a vehicle and a zero-credit infrastructure, allowing her to become a MAX Champion without any collateral.

As a result, Afeez’s revenue increased tenfold, enabling her to provide for her family and save for the future. Her success is testament to the social impact of MAX, which has helped countless entrepreneurs like Afeez thrive and achieve financial stability.

Afeez Monsurat

In addition to transforming lives, MAX is committed to environmental sustainability. The company’s electric vehicles (EVs) significantly reduce carbon emissions and air pollution, with MAX’s battery-swapping technology ensuring that vehicles are always ready for the road.

This innovative approach has transformed communities across Nigeria. In the rural village of Gbamu Gbamu, farmers facing transport challenges use MAX EVs as an affordable and practical logistics solution, boosting income and the local economy.

With the support of investors like Capria Ventures, MAX continues to scale its impact by promoting environmentally friendly mobility options. MAX has created nearly 15,000 direct jobs and positively affected over 1 million small and medium-sized businesses in Nigeria. In a world where mobility is crucial for progress, MAX continues to power Africa’s forward movement, one electric vehicle at a time.

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