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Jacqueline
Jacqueline is a 51-year-old widow, mother of five children whose range between 23 and 32 years old. One of her children still attends school. She is also responsible for two of her grandsons.

For five years, she has been a storekeeper in a suburb where she sells sheets. She buys fabric that she transforms with the aim to make sheets. Her business runs quite well. Thanks to her experience in sewing she has been able to win a significant number of customers. However, the fact that she only sells sheets is a problem because her customers are asking for more and more other bedding items such as pillowcases and others. She is not able to meet their demand because her small working capital does not allow her to allocate a portion to the making of different bedding items. She cannot properly meet her customers’ demand.

She would like this loan to buy large quantities of fabric that will help her to make other bedding items. This will allow her to meet her customers’ demand and increase her profit. The profit will help her grow her business by buying more fabric in order to make more bedding items, but also to meet her family’s needs.
View original language description ↓
Jacqueline est une femme de 51 ans,veuve,mère de 05 enfants dont l'âge varie entre 23 et 32 ans.Un de ses enfants va encore à l'école.Elle a également sous sa charge deux de ses petits-fils.Elle est commerçante dans une banlieue depuis 05 ans où elle vend des draps.Elle achète des tissus qu'elle transforme dans le but de confectionner des draps draps.Son activité fonctionne assez bien,car grâce à son expérience en couture elle a pu conquérir une clientèle considérable.Mais cependant le fait qu'elle ne vend que des draps est un problème car la clientèle demande de plus en plus d'autres articles de literie tels les taies oreillers et autres et elle ne parvient pas à les satisfaire car la petitesse son capital ne lui permet pas d'allouer une partie pour la confection de ces autres articles,ce qui ne lui permet pas de satisfaire convenablement cette clientèle.Elle voudrait donc ce crédit pour acheter des tissus en grande quantité qui l'aideront à confectionner d'autres articles de literie ce qui lui permettra de satisfaire à bien sa clientèle et augmentera ses bénéfices.Bénéfices qui l'aideront à développer son activité en achetant plus de tissus afin de confectionner plus d'articles de literie,mais également de subvenir aux besoins de sa famille.

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
  • $1,164,075
    Funds lent in using Kiva
  • 533.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Jacqueline to purchase fabric.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013