Unfortunately, the slight size of her inventory prevents her from suitably meeting the demands of her customer base, which in turn has shrunk significantly. As a result, her sales have dropped, and so has her profits.
She is therefore requesting this loan to buy more cases of drinks, and this will enable her to retain more customers, earn other customers, and especially to increase her sales and profits. This will not only enable her to expand and fix up her building, it will 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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