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Elisabeth
Elisabeth is a 47-year-old woman, a widow, and a mother. She has been a merchant in a local market for 20 years, where she sells fresh food (tomatoes, onions) according to the seasons. Thanks to this business, she can support the needs of her family.

Her long experience in this area and her good acquaintance with food suppliers allow her he to buy at a good price which enables her to improve her business.

She is requesting this loan to increase her stock of these fresh food items, i.e., crates of tomatoes. The income from this loan will allow her to increase her business. The rest she will save to support her family and their schooling.
View original language description ↓
Elisabeth est une femme âgée de 47 ans veuve et mère de famille. elle est commerçante dans un marché de la place où elle vend les vivres frais(tomates, oignons)en fonction des saisons depuis 20 ans déjà.C'est grace à cette activité qu'elle subvient aux besoins de sa famille. La longue expérience dans ce domaine, la bonne connaissance de ses fournisseurs lui permet d'acheter à de bon prix pour pouvoir ameliorer son activité. Elle sollicite ce crédit pour augmenter le stock de ses vivres à savoir les cajots de tomates. les bénéfices générés par ce crédit lui permettront d'agrandir son activité et éconiser le reste pour subvenir aux besoins de sa famille dont elle en a la charge et économiser leur scolarité .

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
  • $1,173,050
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elisabeth to increase her stock of tomatoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014