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Marie Madeleine
Marie is a single woman who lives in a neighborhood in the capital. She has been running a restaurant for two years, where she serves diverse dishes. Due to her high energy, she has built a clientele she’d like to continue to satisfy. In order to do this, she is seeking a loan to increase her stock of food and beverages. The profits from this loan will allow her to ensure the longevity of her business while meeting the needs of her brothers.
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Marie est une femme célibataire qui vit dans un qartier de la capital. Elle tient un restaurant depluis deux ans où elle propose divers plats. Grace à son dynamisme elle s'est faite une clientèle dont elle aimerait continuer de satisfaire. Pour cela, elle sollicite un prêt dans l'otique d'augmenter son stock de nourriture et de boissons. Les bénéfices tirés de ce prêt lui permettront d'assurer la pérennité de son entreprise tout en subvenant aux besoins de ses frères.

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
  • 505.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marie Madeleine to increase her stock of food and beverages.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013