Check out some available loans that are similar to this one!
Adeline Noël
Adeline Noël is a 30 year old married woman, a mother of 4 children whose ages vary between 2 and 12 years of age. She is a trader in a market in the capital city, and for three years now she has had a grocery store where she sells tomatoes, spices and fish.
She wants to increase her working capital to better purchase her stock, by buying crates of tomatoes to retail in smaller quantities to her customers, and also three boxes of mackerel - as this is the most popular fish in the region.
This will allow her to increase her sales and to make a larger profit. She will invest part of this in the business, buying more fish as she hopes to open a fishmongers shop in the near future. The balance of the money will help her to fund her children's schooling.
View original language description ↓
Adeline Noël est une femme mariée de 30 ans, mère de 4 enfants dont l'âge varie entre 2 et 12 ans, elle est commerçante dans un marché de la capitale depuis 3 ans déjà ou elle tient une épicerie dans laquelle elle commercialise la tomate, les épices et le poisson. Elle aimera augmenter son capital pour mieux d'approvisionner en achetant les cajots de tomate pour détailler à ses clients, ainsi que trois cartons de maquereaux parce que c'est le poisson le plus consommé dans son secteur. cela lui permettra d'augmenter ses ventes et de réaliser un plus gros bénéfice. Elle réinvestira une partie dans son activité en achetant plus de poisson parce qu'elle aimera ouvrir une poissonnerie dans un futur proche. Le reste l'aidera pour les études de ses enfants.

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
  • $1,161,000
    Funds lent in using Kiva
  • 523.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Adeline Noël to buy three boxes of fish and some crates of tomatoes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013