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Marguerite
Marguerite is a young 48 year old woman who is married and the mother of 4 children whose ages range from 9 to 25 years old. All go to school already. She opened and has been managing a shop selling imported drinks for 1 year. Her business functions but she often lacks stock because she buys in small quantities because her capital doesn't allow her to do otherwise. She is obliged each time to sell all her stock to be able to get another. Thus her need for this loan which will allow her to increase her cases of drinks. The profits will allow her to expand her structure. She will save the rest for her children's schooling.
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Marguerite est une jeune femme de 48 ans mariée , mère de 4 enfants dont l'age varie entre 9 et 25 ans. Tous vont déjà au collège. elle a ouvert et gère une boutique de vente emportée de boissons depuis 1 ans. son activité fonctionne mais elle manque souvent de stock parce qu'elle achète en petite quantité parce que son capital ne lui permet pas de faire autrement. Elle est obligée à chaque fois de faire écouler tout son stock pour pouvoir s'en procurer un nouveau. D'où son besoin de ce crédit qui lui permettra d'augmenter des casiers de boisson . Le bénéfice lui permettra d'agrandir sa structure. Elle économisera le reste pour la scolarité de ses enfants

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
  • $1,168,400
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Marguerite to increase her stock of cases of drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013