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Anne is a 47-year-old engaged mother of eight, whose children range from 10 to 28 years old. Five of her children are still in school. She is a shopkeeper and has been selling firewood for 20 years. Her mastery of her business and her experience make her highly efficient. Over the years, she has gained a loyal customer base. Though her business functions, she doesn't have enough capital to buy large quantities of merchandise and make a large profit because she and her fiancé take care of their everyday issues through this business. Thanks to this loan, she will be able to buy a truckload of wood and 50 bags of coal, which will considerably increase her profit. She will save a portion of this income for her children's education and will invest the rest in her business.
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Anne est une femme de 47 ans fiancée mère de 8 enfants dont l'age varie entre 10 et 28 ans. Cinq de ses enfants vont encore à l'école. Elle commerçante et vend le bois de chauffage depuis 20 ans déjà. la maîtrise de son activité et son expérience lui sont d'une grande efficacité. elle a conquis et fidélisé une clientèle au fil du temps. Son activé fonctionne mais son capital n'est pas assez important pour qu'elle puisse s'en procurer ses marchandises en grande quantité et pour réaliser un bon bénéfice parce qu'elle son épouse à résoudre certains problèmes quotidiens grâce à cette activité. Grace à ce crédit,elle pourra s'acheter un camion de bois et 50 sacs de charbon ce qui augmentera considérablement son profit. Elle économisera une partie de ce bénéfice pour la scolarisation de ses enfants et réinvestira le reste dans son activité.

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
  • $1,197,575
    Funds lent in using Kiva
  • 543.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Anne to buy a truckload of wood and 50 bags of coal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 20, 2012
Jul 26, 2012
Currency Exchange Loss:
Sep 17, 2013