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Helene Crescance
Hélène is a married woman, 47 years old, who is the mother of three children, from 20 to 25 years old, all going to school. She opened a hair salon in her district in the capital. She has been running it for ten years already. Her business is doing well, thanks to her warm welcomes and her competence in this domain.

Hélène would like to increase her stock of cosmetic products in her space, so as to prevent customers from going over to the competition. She would also like to buy another hair dryer and some chairs to accommodate her customers more and to be diligent in providing her services. This will improve the quality of her services and to increase her profit margin.

She will reinvest part of her profits into her business with the goal of opening a center of cosmetology in the near future. The rest of the profits will enable her in part to meet the day-to-day needs of her family.
View original language description ↓
Hélène est une femme de 47 ans, mariée, mère de 03 enfants dont l'âge varie entre 20 et 25 ans, tous trois vont à l'école. Elle a ouvert un salon de coiffure dans un quartier de la capitale qu'elle gère depuis 10 ans déjà. Son activité fonctionne bien grâce à son accueil chaleureux et ses compétences dans ce domaine.Hélène aimerait augmenter le stock de produits cosmétiques dans sa structure pour éviter que ses clients aillent à la concurrence. Elle aimerait aussi s'acheter un autre casque, un sèche cheveux et des chaises pour mettre ses clients plus à l'aise et être diligeante dans ses services. Ceci améliorera la qualité de ses services et augmentera sa marge bénéficiaire.Elle réinvestira une partie de ses profits dans son activité dans le but d'ouvrir dans un futur proche un centre de soins esthétiques , et le reste lui permettra de satisfaire en partie les besoins quotidiens 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 529.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Helene Crescance to buy cosmetic products, a hair dryer, and chairs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 12, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013