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Rose Nyambod
Rose is a 38 year old woman who is married and the mother of 3 children whose ages range from 6 to 10 years old. All still go to school. She is a shopkeeper and has been selling doughnuts in the morning in a neighborhood of the capital for 3 years. Her know-how in this domain and the prices offered allowed her to gain a loyal clientèle which is growing day to day. This brings her to want this loan because her capital doesn't allow her to fully satisfy her clientèle anymore. Thanks to the loan, she will be able to increase her stock by buying 1 bag of flour, 1 20L can of oil, and several ingredients. The profits that this loan will bring her will be partly reinvested in her business and the rest will be saved for her children's schooling.
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Rose est une femme de 38 ans mariée, mère de 3 enfants dont l'age varie entre 6 et 10 ans. Tous vont encore à l'école Elle commerçante et vend d des beignets en matinée depuis 03 ans dans un quartier de la capitale.Son savoir faire dans ce domaine et les prix pratiqués lui ont permis d’acquérir et fidéliser une clientèle qui s'accroît au jour le jour.Ce qui l'amène à vouloir ce crédit parce que son capital ne lui permet plus de satisfaire pleinement sa clientèle.Grâce à lui,elle pourra augmenter son stock en achetant ( 1 sac de farine, un bidon d'huile de 20 litres et quelques ingrédients) .Les bénéfices que lui apportera ce crédit seront en partie réinvesti dans son activité et le reste sera économisé 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
  • $1,173,050
    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 Rose Nyambod to buy 1 bag of flour, 1 20L can of oil, and several ingredients.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013