For 11 years, Satou has run a business selling traditional cloth pagnes, jewellery and perfumes from home. She has good experience in this area.
Satou would like to use this loan to purchase cloth, jewellery, bags and perfumes to boost her stock so that she can meet her customers' needs. The income generated from this will help her to better meet the needs of her family, which have been a heavy burden since the loss of her husband. Her ambition is to open a shop.
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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