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Angeline
Angeline is 42 years old, engaged, and mother of four children between the ages of 4 and 10 years old. All of her children still go to school. She also has two other people living in her care.

She has been raising animals for one year now (she buys chicks, raises them, and resells them). Her business is going very well, but she doesn't have much capital, so each time that she buys chicks, she has to wait for them to grow and then resell them before she can go out and buy new chicks. So, she is often out of stock, which means that her customers are often dissatisfied.

She is seeking this loan to buy a large quantity of chicks and some animal feed, which will not only allow her to satisfy her already growing customer base, but also earn more profit. The extra earnings that this loan will help bring in will help her to expand her business (increase her stock of chicks) and provide for her family's daily needs.
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Angeline est une femme de 42 ans fianiée, mère de 4 enfants dont l'age varie entre 4 et 10 ans, tous vont encore à l'école. Elle aussi deux personnes à sa charge. Elle exerce une activité d'élévage depuis 1 ans déjà (elle achète les poussins, les élève ensuite revend) elle fonctionne à merveille mais son capital n'est pas élévé alors, elle est obligé à chaque fois d'attendre que le stock acheté pour élever grandisse, qu'elle le vende avant de racheter de nouveaux poussins d'où la rupture de stock quotienne qui cause l'insatisfaction de sa clientèle tout le temps. Elle sollicite ce crédit pour acheter en grande quantité des poussins et aussi la provende ce qui lui permettra non seulement de satisfaire sa clientèle déjà grandissante mais aussi de réaliser un plus gros profit. Le benéfice que lui apportera ce crédit l'aidera à agrandir son activité( augmenter le nombre de poussins) et aussi à subvenir aux besoins quotidiens 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
  • $1,173,050
    Funds lent in using Kiva
  • 524.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Angeline to buy bags of animal feed and baskets of chicks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013