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Cécile Elvire
Cecile is a young woman of 25 who lives in the capital. She has run a grocery in a corner of the square for two years. Thanks to her energy and her determination, she has developed a vast clientele that she hopes to continue to satisfy. To do this she requests a loan which will enable her to purchase the following goods: packets of green vegetables, a bag of macabo cocoyam, various sorts of banana, crates of tomatoes, and various other products. The profit obtained due to this loan will allow her to progress from retailer to wholesaler at the same time as providing for the needs of her family.
Cécile est une jeune femme de 25 ans vivant dans la capilatle. Elle tient une épicerie dans un coin de la place depuis 02 ans. Grâce à son dynamisme et sa détermination elle s'est faite une vaste clientèle qu'elle aimerait continuer de satisfaire. Pour cela, elle sollicite un prêt qui lui permettrait d'acquérir les biens suivants: pâquets de légumes verts, un sac de macabo, divers régimes de banane, des cajots de tomates et divers. Les bénéfices obtenus grâce à ce financement lui permettront de passer de détaillant à grossiste tout en subvenant aux besoins de sa famille.

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
  • 503.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Cécile Elvire to purchase bundles of green vegetables, a bag of macabos...
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Oct 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014