Check out some available loans that are similar to this one!
Valerie
Valerie is a 37-year old woman, married, with children. For four years, she has been managing a bar-restaurant in one of the capital city’s districts. She sells health drinks and food. Over time, she has acquired a good business experience, which allows her to attract a sizeable customer base. Unfortunately, the small size of her stock does not allow her to properly meet customer demand. This is a big disadvantage that causes a dip in her sales and thus in her revenues. Therefore she is seeking a loan in order to buy more cases of beverages as well as chairs to enlarge her business. This will allow her to attract and retain customers, and, more specifically, to increase her sales and her revenues. Her revenues will allow her to expand and equip her business and also provide for her family needs.
View original language description ↓
Valerie est une femme de 37 ans, mère de famille.Elle gère un bar-restaurant dans un quartier de la capitale depuis 04 ans déjà où elle vend des boissons hygiéniques et de la nourriture.Elle a acquise au fil du temps une expérience dans le domaine ce qui lui a permis de gagner une clientèle considérable. Malheureusement,la petitesse de son stock ne lui permet pas de satisfaire convenablement la demande de sa clientèle ce qui crée par conséquent une diminution importante de celle-ci ce qui entraîne de ce fait la baisse de ses ventes et donc de ses bénéfices. Elle sollicite alors ce crédit pour pouvoir acheter plus de casiers de boissons et aussi les chaises pour agrandir sa structure. ce qui lui permettra de retenir et gagner la clientèle mais plus précisément d'augmenter ses ventes et son bénéfice. benefice qui lui permettra d'une part d'agrandir et d’aménager sa structure et d'autre part de subvenir 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
  • $1,188,150
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Valerie to build up her stock of beverages and buy chairs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013