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Colette
Colette is a married woman of 38 with five children aged between three and eighteen. Some of the children go to school, but others do not. She has been a tradeswoman for two years in a local market where she sells white wine. Her business is profitable. She requests a loan in order to raise her capital, improve her turnover and hence her profits in view of the increase in the demand for her merchandise. She will use the profit generated partly to provide for the immediate needs of her family, the remainder to be re-invested to expand her business.
Colette est une femme mariée agée de 38 ans,mére de 5 enfants agés de 3 à 18 ans. Certains enfants vont a l'école tandis que d'autres ne vont pas .Elle est commercante dépuis 02 ans dans un marché de la place ou elle vend le vin blanc son activité est rentable. elle sollicite le crédit pour augmenter son capital afin d'acroitre son chiffre d'affaires ainsi que ses benefices vu l'augmentation de la demande de son produit. le benefice generé sera utilisé en partie pour satisfaire les besoins immédiats de sa famille et le reste sera re investi dans son activité pour l'agrandir.

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
  • $1,184,725
    Funds lent in using Kiva
  • 515.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Colette to increase the stock of white wine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 13, 2014