For the past 17 months already, she has been managing a small grocery store, where she sells items her neighbors need for breakfast, candy and other essential items, near her house. Thanks to a good experience in this field of business (small retail), she has attracted a loyal group of customers.
She is requesting this loan to boost her stock of merchandise (several pallets of mineral water, cartons of soap and cans of oil) in order to meet the needs of an increasing number of customers.
With more products to sell, she will be able to increase her profits, expand her business, and take care of her needs as well as those 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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Success!! The loan was 100% repaid