She would like to boost her activity and buy more goods (she wants to buy 15 bags of maize and beans). This would prevent her from being constantly out-of-stock.
This loan will not only allow her to meet the needs of an already increasing number of customers, but will also help her to boost her profits.
Madeleine will use these profits to meet the needs of her large family, whom she helps support. In the long run, she will also use them to expand her business.
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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