Marie is a seamstress and, two years ago, she opened a sewing shop in one of the neighborhoods of the capital city. She makes school uniforms, which are an important clothing item for students. This is why her activity is most profitable at the beginning of the school year.
This is also the reason why she is requesting a loan to buy a roll of fabric and the sewing material necessary to make uniforms. This loan will allow her to increase her production, and therefore her sales and profits.
Part of the profits generated thanks to this loan will be saved to buy more material for her business. The rest will be used to meet the needs of 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.
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Success!! The loan was 100% repaid