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Marie Bernadette
Marie is a 42 year old woman, married and mother to 6 children whose age varies between 21 and 5 years old. She owns and manages a little unit where she has been selling firewood and fresh fish from home for 8 years already in a neighborhood of the city. With this loan she would like to buy a good quantity of firewood in order to avoid stock shortages and satisfy her clientèle and her forecasted results. She will reintroduce part of the profits into her working capital and meet her family's needs (education, nutrition, housing).
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Marie est une femme de 42 ans, mariée et mère de 06 enfants dont l'age varie entre 21 et 5 ans. Elle possède et gère une petite unité de vente de bois de chauffage et de poisson frais à domicile depuis 8 ans déjà dans un quartier de la ville. Elle voudrait avec ce crédit acheter une bonne quantité de bois de chauffage afin d'éviter la rupture de stock et satisfaire sa clientèle et ses prévisions de résultat. les bénéfices seront réintroduits dans le fond de roulement d'une part et subviendront aux besoins familiaux (éducation, nutrition, logement)

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
  • 502.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marie Bernadette to buy a good quantity of firewood.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014