She has a good customer base, but continually experiences shortages of work supplies since she purchases it retail and it often disadvantages her. This loan will allow her to purchase her supplies (such as detergents, bleach, wrappers…) wholesale, which will in turn enable her to reach her objectives to satisfy her customers and to make a good profit. This profit will allow her not only to provide for her daily needs as well as her family’s, but also to grow her business over time by purchasing in bulk.
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