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Madeleine Rosine
Rosine is a young woman who is 34 years of age, engaged, and a mother. She has a café-restaurant which she has run for the past seven years, located in a neighborhood in the capital. She often purchases food for her café-restaurant on a retail basis (rice, fish oil, milk, sardines, eggs).

Rosine has requested this loan to increase her stocks of these food items (on a wholesale basis). This will allow her not only to satisfy her ever-growing customer base, but also to generate higher profits. This will help Rosine to cover some of her family’s daily needs, as well as to expand her restaurant over time.
View original language description ↓
Rosine est une jeune femme agée de 34 ans, fiancée, mère d'enfants . Elle a un café-restaurant qu'elle gère depuis 7 ans déjà dans un quartier de la capitale. Elle achète le plus souvant les aliments de son café-restaurant en détail(riz, huile poisson, lait, sardines., oeufs...), elle sollicite ce crédit pour augmenter le stock de ces aliments (en gros)ce qui lui permettra non seulement de satisfaire sa clientèle déjà grandissante, mais aussi de réaliser un bénéfice plus élévé qui l'aidera à subvenir à certains besoins quotidiens de sa famille et aussi d'agrandir son restaurant avec le temps.

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
  • 519.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Madeleine Rosine to buy a carton of milk, sardines, and trays of eggs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013