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Sandrine
Sandrine is a young, single 27-year-old mother of a 5-year-old who already goes to school. She also takes care of two other people. She opened a hair salon in the capital, which she has been running for three years, and due to her competence, she is acquiring a clientele as time goes by. But she needs to go to her capital to get hair extensions and beauty products in perfumeries each time she has a client, because she buys in small quantities and is therefore constantly out of stock, which penalizes her all the time. There are also periods where the clientele don't come often for hairstyling and other services, which makes her need to buy hair extensions and other beauty products by the box to sell. This will help her grow her business: by opening a mini perfumery, she will lose less time and satisfy her clientele. She will reinvest a part of her revenues into her business funds and the rest will allow her to meet her own needs and those of her family.
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Sandrine est une jeune femme de 27 ans célibataire avec un enfant agé de 5 ans qui va déjà à l'école .Elle a aussi deux autres personnes à sa charge. Elle a ouvert un salon de coiffure dans la capitale qu'elle gère depuis trois ans déjà, grâce à sa comptétence, elle acquis une clientèle au fil du temps.Mais la petité de son capital l'emmène souvent à aller chercher des mèches et les produits de beauté dans les parfumeries à chaque fois qu'il faut coiffer un de ses clients parce qu'elle achète en petite quantité donc est en rupture permanente ce qui la pénalise tout le temps. Aussi il y'a des périodes ou la clientèle devient rare pour la coiffure et les autres soins, d'où son besoin de s'acheter des mèches et autres produits de beauté en carton pour revendre. Ceci l'aidera à à agrandir son activité en ouvrant une mini parfumerie, limitera sa perte de temps, satisfera sa clientèle. Elle réinvestira une partie de ses bénéfices dans son fonds de commerce et l'autre lui permettra de subvenir à ses besoins et ceux de sa famille.

Additional Information

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 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,184,725
    Funds lent in using Kiva
  • 517.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Sandrine to buy boxes of hair extensions.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013