Check out some available loans that are similar to this one!
Matilde
Matilde is a 34-year-old woman. She opened a sewing workshop that she has managed for 8 years, and she has been doing well. In her workshop, she often sells fabric to her clients so she doesn't have to wait for them to bring the fabric themselves to start sewing.

She is requesting this loan to purchase fabric and notions in bulk to be able to tailor enough clothing for sale. This will allow her to sell fabric as well as sewing material to her customers without doing the tailoring. This will enable her to make a profit not only on the tailoring but also on the sale of fabric and will meet her customers’ demand.

These profits will help her save for her children and grand children back to school expenses, outfit her workshop and may be buy a machine in the future.
View original language description ↓
Matilde est une femme de 34 ans. Elle a ouvert un atelier de couture qu'elle gère depuis 8 ans et se debrouille bien. Dans cet atelier, pour pas attendre d'avoir le marché seulement quand le client emmêne le tissu pour le coudre, elle achète souvant les tissus qu'elle coût pour revendre. Elle sollicite ce crédit pour acheter les tissus en gros et petit matériel mercerie pour pouvoir confectionner assez de vêtements pour vendre. elle pourra aura revendre aux clients ces tissus sans les coudre ainsi que le matériel de couture. Ce qui permettra de réaliser un bénéfice non seulement pour la confection des vêtements mais aussi pour la vente de ses tissus et de satisfaire la clientèle. Ce bénéfice l'aidera économiser pour les rentrées scolaires de ses enfants et petits enfants, emenager son local et s'achter une machine dans le futur.

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
  • 523.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Matilde to purchase fabric in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 7, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013