Due to the smallness of the profits generated by these businesses, the considerable increase in her clientèle and the constant state of being out of stock, she would like this loan in order to be able to regularly stock in communication credits with the telephone operators which would considerably increase her profits. These profits would allow her to reinvest in her stall in order to expand it and to meet the needs of her family.
More information about this loan
This loan is part of ACEP Cameroun's new loan program targeting poor clients who require smaller loans thant ACEP normally disburses. The smaller loan size allows clients with micro-enterprises to borrow and repay the funds they need to grow. By supporting this loan, you are expanding financial access to entrepreneurs with very little starting capital, including many who have never taken out a loan.
About ACEP CamerounAgence 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.
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