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Christine Lorette
Christine is a young businesswoman, 27 years old, who opened a small ready-to-wear clothing store, which she has been running in a district in the capital for a year already. Her warm welcomes, her creativity, her good fashion advice, and her experience have earned her a rather large customer base.

The growth in her customer base poses a problem, since she no longer manages to satisfy them all due to low capital funds, which compels her to go to the outlets each weekend to buy retail and then come back to make her sales. This doesn't bring in enough profit, therefore this loan is important, enabling her to purchase a bale of clothing for her store. This will allow her not only to satisfy her customers but also to make more profit. She would like to reinvest her profits in her business in order to expand it.
View original language description ↓
Christine est une jeune femme de 27 ans commerçante. Elle a ouvert un petit prêt à porter qu'elle gère dans un quartier de la capitale depuis 1 ans déjà. Son acceuil chaleureux, sa créativité,ses bons conseils vestimentaires et son expérience lui ont valu une clientèle assez importante. la croissance de sa clientèle lui pose un problème parce qu'elle n'arrive plus à la satisfaire tout ceci à cause de la petitesse de son capital qui l'oblige à aller au déballage chaque week end pour acheter en détail et revenir vendre. et ça ne rapporte pas assez d'où l'importance de ce crédit pour elle qui lui pertttra de s'acheter un ballot de vêtements pour sa boutique. ceci lui permettra de satisfaire non seulement de satisfaire sa clientèle, mais aussi de réaliser plus de bénéfices. Elle souhaiterai réinvestir ses bénéfices dans son activité afin de 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
  • $1,168,400
    Funds lent in using Kiva
  • 507.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Christine Lorette to purchase a bale of clothing to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014