Nathalie Rosine is a hairdresser, and has worked in this business in a local neighborhood for the past year. Her dynamic nature and know-how have allowed her to obtain a considerable customer base. The constant growth in her customers has meant that supply is lower than demand, and she therefore experiences permanent stock shortages. This has led to some of her customers turning to the competition.
A loan is therefore very important for Rosine’s business, as it will allow her to increase her stock of beauty products (boxes of lotions and beauty creams and soaps, as well as shampoo). This will ensure customer satisfaction, increase her sales and, therefore, provide her with a higher profit margin. Rosine will reinvest part of her profits in expanding her business, and the rest will be used to provide for her family.
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.
0View loans »
Success!! The loan was 100% repaid