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Cécile
Cécile is a 49-year-old woman who has 2 children aged 24 and 20 years old. She opened and has managed a small school canteen for 7 years in which she sells African meals and carbonated beverages.

This loan will allow her to increase her stock of the basic ingredients for these meals (rice, taro root, meat, pasta, ndole [bitterleaf]...) and her stock of goods to sell (juice, mineral water...) in order to respond to customer requests and to increase her sales and profits.

She will use a portion of the profits to reinvest in her business, another to buy some land, and another to support the needs of her family (nutrition and education).
View original language description ↓
Cécile est une femme de 49 ans qui a deux (02) enfants âgés 24 et 20 ans. La commerçante a ouvert et gère un mini restaurant scolaire depuis 7 ans dans lequel elle vend des repas africains et des boissons gazeuses. Ce crédit va lui permettre de renforcer son stock de matière premières pour ces repas (riz, macabo, viande, spaghetti, ndolé...) et son stock de marchandises (jus, eau minérale...) afin de répondre à la demande de ses clients et de ce fait d'augmenter ses ventes et son bénéfice. Elle réinvestira une partie de ce bénéfice dans son activité, l'autre pour acheter une terrain et l'autre pour subvenir aux besoins de sa famille (nutrition et éducation)

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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,164,075
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Cécile to by goods (juice, mineral water) to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013