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.
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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