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Irene Christie
Irene is a young woman who is 33 years old and single. She has three children aged between six months and 11 years old. Two of these children already go to school. She has opened and been managing a small perfume shop for the past two years. Thanks to her good experience she has build up a loyal customer base, but her small capital means she has regular concerns about her stock of leading products running out permanently. This is why she wants to boost her stock of body lotions and soaps by buying several cartons so she can satisfy customer demand, as well as increase her sales and her profits. Irene will reinvest part of of her profit to expand her perfume shop further and the rest will be used to provide for her family's needs.
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Irene est une jeune femme de 33 ans et celibataire. Elle est mere de trois enfants dont l'age varie entre 6 mois et 11 ans. Deux de ses enfants vont deja a l'ecole. Elle a ouvert et gere une petite parfumerie depuis 2 ans deja. Grace a sa bonne experience elle a acquise une clientele loyale, mais la petitesse de son capital lui cause souvent des soucis de rupture permanent de stock de ses produits fars. D'ou son envie de renforcer son stock des laits et savons en achetant plusieurs cartons pour satisfaire sa clientele, augmenter ses ventes, ainsi que ses benefices. Irene reinvestira une partie de son benefice pour encore agrandir sa parfumerie et le reste pour subvenir au besoin 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 520.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Irene Christie to increase her stock (soaps and body lotions).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 5, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013