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Régine
Régine is a single woman, 51 years old and the mother of an eighteen year old child who attends school. She is a trader in a market of a district of the capital city, where she has been trading fresh food (plantains) and dried food (peanuts and beans) according to season for four years. Her friendly and dynamic approach has earned her a significant customer base over time.
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.
Régine est une femme âgée de 51 ans, celibataire et mère d'un enfant âgé de 18 ans qui va à l'école. Elle est commerçante dans un marché de la capitale où elle les vivres frais (plantains) et secs (arachides et haricots) en fonction des saisons depuis 4 ans.Son dynamisme et sa sympathie lui ont attiré une clientèle considérable au fil du temps. Suite au déséquilibre ente l'offre et la demande, elle sollicite un crédit pour augmenter les stocks de ses marchandises (sac de haricot et arachides) qui lui permettra de répondre aux attentes de sa clientèle exigente. Ce crédit l'aidera à augmenter son capital, ses ventes et donc sa marge bénéficiaire. Les bénéfices générés par crédit lui permettront de continuer à financer les études de son fils, de réinvestir et diversifier son activité.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 520.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Régine to increase her stock of peanuts and beans.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013