Gisèle is a wonderful cook with a warm welcome, and she has managed to attract an increasingly large group of customers. The loan that she is requesting will allow her to increase her stock of basic supplies: taro leaves, macabo (a tropical tuberous plant), bananas, as well as her inventory of sanitary drinks (juices, beer, mineral water). These purchases will allow her to meet the needs of her customers and to increase her profits.
Part of her profits will be reinvested into her business, while the rest will be used to meet the needs of her family.
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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Success!! The loan was 100% repaid