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Elisabeth
Elisabeth is a 62-year-old woman, who is widowed and mother to one child aged 39. She also has a further five people under her care, and has worked in retail in a neighborhood in the capital for the past five years. Elisabeth’s good relations with her neighbors have allowed her to increase her customer base. However, due to permanent stock shortages, she cannot meet her customers’ requests.

Elisabeth has requested a loan to expand her business (buying basic necessity products such as soaps and oil to meet the needs of her large customer base). The profits generated will allow her to increase her stocks, save, and provide for her family.
View original language description ↓
elisabeth est une femme âgée de 62 ans , veuve et mère d'un enfant âgé de 39 ans.Elle a egalement 05 autres personnes à sa charge.Elle est commerçante dans un quartier de la capitale où elle exerce son activité depuis 05 ans.les bonnes relations entretenues avec son voisinage lui ont croissance de sa clientèle qu'elle n'arrive plus plus à satisfaire à cause de la rupture permanente des stocks de marchandises.Elle sollicite un crédit pour étendre son activité( Achat des produits de premiéres nécéssité ( savons, huile...)afin de satisfaire sa clientèle abondande.les bénéfices générés lui permettront d'augmenter ses stocks de marchandises,épargner et répondre 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 522.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Elisabeth to buy basic necessity products (oil, soaps, etc.).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013