Given the imbalance between supply and demand, she is seeking a loan to increase her stock of merchandise (beans and peanuts) to help her meet the needs of her demanding customers. This loan will increase her working capital, her sales and therefore her profit margin.
The profits generated by the loan will allow her to continue funding her son's education, and to invest in and diversify her business.
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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