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Marguerite
Marguerite is a 46 year old woman and mother to one child who is 19 years old and goes to school. She has one dependent in addition to her child. As a business she has a stand where she has been selling food for 2 years in a neighborhood of the town. With this loan she would like to carry out refurbishments at the site of her business to make it cleaner, more attractive and comfortable for her customers. This will allow her to have more customers.
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Marguerite est une dame âgée de 46 ans et mère d'un enfant de 19 ans qui va à l'école. elle a en plus de son enfant une autre personne à sa charge. comme activité elle dispose d'un stand sur lequel elle vend de la nourriture depuis 02 ans dans un quartier de la ville. elle voudrait avec ce crédit effectuer des travaux de réaménagement dans le site de son activité avec de la rendre plus propre, attractive et confortable pour ses clients. cela lui permettra d'avoir plus de clientèle.

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
  • 505.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Marguerite to refurbish her restaurant.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014