She knows her suppliers and, above all, her customers very well thanks to her long experience in this area.
This business allows her to help her husband take care of their daily needs.
She is asking for this credit to increase her stock of merchandise by buying onions and eggplants. This will increase her sales and thus her profit margin. The income from this loan will be partly reinvested to expand the business. The rest will allow her to meet her family's daily 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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