Jeannette is a retailer; for the past 22 years, she has been selling fresh produce in one of the neighborhoods of the capital city. Thanks to her expertise, social skills, and to the high quality of her products and reasonable prices, she has managed to attract a large group of customers, whose needs she can no longer satisfy.
She is requesting a loan to boost her stocks of merchandise (particularly tomato crates). This, in turn, will help her to meet the needs of her large customer base and to increase her sales.
She will use her profits to reinvest in her business and provide for her family.
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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