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.
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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