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Louise
Louise is a 45-year-old lady, unmarried, and the mother of two children, aged 19 and 21, who both go to school. Louise has been running a business selling water and ice at a market in town for five years already. In concrete terms, she purchases potable water and converts some into ice and refrigerates the rest in plastic bottles and pouches that she sells retail. She would like to use this loan to purchase bottles and plastic wrapping materials, which she uses for her products. She thus plans to do better in meeting the needs of her children with the revenues generated.
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Louise est une dame âgée de 45 ans, célibataire et mère de deux enfants respectivement âgés de 19 et 21 ans. tous les deux vont à l'école. elle mène une activité de vente d'eau et de glace dans un marché de la ville depuis 05 ans déjà. concrètement elle achète de l'eau potable qu'elle transforme une partie en glace et conditionne l'autre dans des bouteilles plastiques et sachets qu'elle revend par la suite. elle voudrait ce crédit pour acheter des bouteilles et de plastiques d'emballage qu'elle utilise pour le conditionnement. elle compte ainsi mieux subvenir aux besoins de ses enfants avec les revenus générés.

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
  • $1,180,425
    Funds lent in using Kiva
  • 505.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Louise to purchase wrapping material and plastic bottles.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013