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Rachelle
Rachelle is a 34-year-old woman, unmarried, and the mother of two children, 10 to 12 years old, who are both in school. She has been a merchant at a market in the capital for sixteen years. Due to her experience, the good quality of her products, and practical prices, she has earned unmatched fame.

More and more in demand, she is confronted with an imbalance between supply and demand. This loan will enable her to respond to the growing demand. The profits generated will enable her to reinvest in her business (buying bunches of plantains in bulk) to continue to support her children in covering their schooling costs and to meet the needs of her family.
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Rachelle est une femme de 34 ans, célibataire et mére de 2 enfants dont lâge varie entre 10 et 12 ans tous scolarisés. Elle est commerçante dans un marché de la capitale depuis 16 ans.De
par son expérience, la bonne qualité de ses produits et les prix pratiqués lui ont valu une renommée sans pareil. Devenue de plus en plus sollicitée, elle est confrontée à un deséquilibre entre l'offre et la demande. ce crédit lui permettra de répondre à une demande grandissante. les bénéfices générés lui permettront de réinvestire dans son activité( achat en gro des régimes de banane plantains) de continuer à soutenir ses enfants dans leur scolarité et 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 533.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rachelle to buy bunches of plantains.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013