Marie Thérèse Claudine
Plantain selling is a profitable business, but her low stock levels mean that she often runs out, and she can therefore not always easily satisfy her customers. This loan will allow Marie Thérèse to buy a large quantity of supplies, so that she can meet her customers’ requests and, therefore, increase her sales and income. She plans to reinvest part of her profit in her business so that she can become a plantain wholesaler. The rest will be used to provide for her family (food and education).
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