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Marie Therese
Marie Therese is a 40-year-old woman with children. She runs a retail business selling fresh and dried foods (she processes cassava root and maize into flour) at a local market. She would like to substantially increase her stock of supplies (sacks of maize and cassava root) to avoid the recurring shortages that she has been experiencing.

This loan will allow her not only to meet the needs of a growing customer base, but also to bolster her profits. These profits will help her to provide for her large family, which she supports. In the long term, she will also expand her business.
Marie Therese est une femme de 40 mère de famille. Elle exerce une activité de commerce en détail où elle vend des vivres frais et secs (elle tranforme le manioc et le maïs en farine ) dans un marché de la place . Elle aimerait augmneter son stock de marchandises(filet de mais et des sacs de maniocs) en grande quantité, ça lui évitera les ruptures de stocks qu'elle a tout le temps. ce crédit lui permettra non seulement de satisfaire sa clientèle déjà grandissante, mais aussi d'augmenter ses bénéfices. Bénéfices qui lui permettront de subvenir aux besoins de sa famille nombreuse dont elle a la charge et avec le temps, d'agrandir son fond de commerce

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
  • $1,184,725
    Funds lent in using Kiva
  • 507.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marie Therese to increase her stock of supplies (sacks of maize and cassava root).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013