Check out other loans that are currently fundraising!
Mercy
Mercy is single and lives in a neighbourhood of the capital. She has one child.

Mercy manages a hairdressing salon that she owns. Thanks to her excellent business skills and dynamism, she has built up a large clientele, which she would like to continue to serve well. In order to do this, she has requested this loan to purchase beauty products. The profits made using this loan will enable her to increase her capital and meet the needs of her family.
View original language description ↓
Mercy est une femme célibataire qui vit dans un quartier de la capitale. Mère d'un enfant, elle gère un salon de coiffure dont elle est propriétaire. Grace à la maîtrise de son activité et à son dynamisme, elle s'est faite une grande clientèle dont elle aimerait continuer d'assurer la satisfaction. Pour cela elle sollicite ce crédit pour acheter des produits de beauté. Les bénéfices tirés de ce prêt lui permettront d'augmenter son capital et de subvenir aux besoins de sa famille.

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
  • $1,161,000
    Funds lent in using Kiva
  • 506.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Mercy to purchase beauty products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2012
Listed
Nov 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014