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Satou
Satou is 49 years old, and a widow. She has three children aged between 18 and 30, only one of whom is still in school. Satou has one other dependant.

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.
View original language description ↓
Satou est une veuve âgée de 49 ans, mère de 03 enfants dont l'âge varie entre 18 et 30 ans et parmi lesquels un seul va encore à l'école. elle a une autre personne en plus à sa charge. elle mène une activité de vente de tissus pagnes, des bijoux et des parfums à domicile depuis 11 ans. elle bénéficie d'une bonne expérience dans le domaine. elle voudrait avec ce crédit acheter des tissus, des bijoux, des sacs et des parfums pour renforcer son stock de marchandise afin de mieux satisfaire sa clientèle. les revenus générés lui permettront de mieux subvenir aux besoins de sa famille devenus trop lourd le décès de son époux. elle a pour ambition d'ouvrir une boutique.

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
  • $1,180,425
    Funds lent in using Kiva
  • 506.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Satou to buy goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 29, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013