Check out some available loans that are similar to this one!
Gergette
Gergette is a 41-year-old married woman and the mother of 3 children aged between 8 and 27, two of whom still go to school.

She has been a retailer for 24 years already, selling charcoal that she buys wholesale to her retail customers. Her warm welcome and her experience have ensured that her customer base has grown over time, but the small amount of capital that she has means that she cannot satisfy them all - thus the importance of this loan, which will enable her to satisfy her clientèle by increasing her stock, and will also boost her sales numbers and profits.

She will reinvest part of her profits in her business and will use the rest to help her husband in meeting their family's daily expenses.
Gergette est une femme mariée de 41 ans mère de 3 enfants dont l'age varie entre 8 et 27 ans, deux d'entre eux vont encore à l'école. Elle commerçante depuis 24 ans déjà ou elle commercialise le charbon qu'elle achète en gros pour revendre en détail à ses clients. son accueil chaleureux et son expérience ont agrandit sa clientèle au fil du temps, alors la petitesse de son capital ne lui permet de plus de tous les satisfaire, d'ou l'importance de crédit qui permettre non seulement de satisfaire sa clientèles en augmentant les stocks, mais aussi ses ventes et son bénéfice. Elle réinvestira une partie de ses bénéfice dans son activité et aiderai son époux à subvenir aux besoins quotidiens de leur famille avec le reste.

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
  • $1,180,425
    Funds lent in using Kiva
  • 541.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Gergette to buy bags of charcoal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 13, 2014