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Marie
Marie is a 47-year old widow, who is mother to four children ranging from 22 to 27 years old; all the children are studying. She has a retail trading activity, where sells fresh and dried food (she makes cassava flour from fresh cassava and cuts vegetables) in a local market. She would like to expand her activity by buying a large quantity of products (cassava and vegetables) to transform into food, as this will allow her to avoid running out of stock all the time. The profits will allow her to not only satisfy her already growing customer base but also to increase her profits. The profits will allow her to provide for the needs of her large family, which she takes care of, and, in time, grow her working capital.
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Marie est une femme de 47 ans veuve, mère de 4 enfants dont l'âge varie entre 22 et 27 ans, tous vont à l'école. Elle exerce une activité de commerce en détail où elle vend des vivres frais et secs (elle tranforme le manioc en farine et découpe les légumes) dans un marché de la place. Elle aimerait agrandir son activité en achetant les produits de transformation (manioc et légumes) en grande quantité, çalui évitera les ruptures de stocks qu'elle a tout le temps. ce crédit lui permettra non seulement de satisfaire sa clientèle déjà grandissante, mais aussi d'augmenter ses bénéfices. Bénéfices qui lui permettront de subvenir aux besoins de sa famille nombreuse dont elle a la charge et avec le temps, d'agrandir son fond de commerce.

Additional Information

About ACEP Cameroun

Agence de Crédit pour l’Entreprise Privée (ACEP) is Kiva's second Field Partner in Cameroon. Founded in 1999, ACEP has developed a strong lending methodology to serve entrepreneurs in Cameroon's urban centers such as Douala and Yaounde.

About Cameroon

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Marie to buy cassava and vegetables in large quantities.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013