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Pelagie
Pelagie is a married woman, who is 32 years of age and mother to two children. She works as a seamstress in a neighborhood in the capital, where she carries out a wide variety of sewing. She has six apprentices, as well as one permanent member of staff.

Pelagie works to order, and also makes display items. Thanks to her know-how and experience in this field, she has built up a loyal customer base over time. The constant growth in customer numbers means that supply is lower than demand. Faced with this situation, Pelagie would like to take out a loan so that she can buy fabrics to increase her stock for dressmaking, a mannequin for display purposes, and a sewing machine. This will increase her sales and, consequently, her profit margin. Pelagie plans to save part of these profits for her children’s education, and will reinvest the rest in expanding her business.
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PELAGIE est une femme mariée, agée de 32ans mère de 02 enfants. Elle est couturière dans un quartier de la capital où elle fait dans la couture mixte, elle a 06 apprentis et un permanant. PELAGIE coud sur commande et fait également l'exposition. Grace à son savoir faire et à son expérience dans ce domaine, elle a conquis et fidelisée une clientèle au fil de temps. La croissance continuelle de cette clientèle rend son offre inférieur à la demande. Face à cette situation, elle aimerait prendre un crédit qui lui permettra d'acheter des tissus pour augmenter le stock pour la confection des habits, un mannequin pour l'exposition et une machine à coudre. Ceci augmentera son chiffre d'affaires et donc sa marge bénéficiaire. Elle économisera une partie de ce bénéfice pour la scolarisation de ses enfants à l'école et le reste sera réinvesti dans son activité pour l'agrandir.

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
  • $1,164,075
    Funds lent in using Kiva
  • 499.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Pelagie to buy fabrics, a mannequin, and a sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013