She has been selling undergarments for men and women at a local market for three years. Thanks to her good experience in this field and her influence over her suppliers, she is able to obtain goods for retail but it brings in little income. It does not allow her to provide for the needs of her family.
This loan will help her buy two bales of first and second quality undergarments for men and women. This will significantly increase her customers, her sales and her profit. Part of her profit will allow her to grow her business and the other part will go to provide for her family’s needs.
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