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Genevieve
Génévieve is a 42 year old woman, married and mother to 6 children whose ages range from 3 to 23 years old. She is a shopkeeper and has been selling fresh foods (macabos, maniocs, plantains, palm nuts and fruits) retail according to the seasons in a local market for 16 years. She has a good knowledge of suppliers, and especially of her clientèle which she gained with time thanks to her experience in this domain. But she finds herself constantly with stock shortages because she is obliged to sell all her stock to be able to buy again. This is because of her small capital. She would like to buy bunches of plantains and bags of macabo to have a good stock. This will allow her to better satisfy the constant demands of her clientèle and to avoid stock shortages. She will save her profits to not only expand her business but also meet the needs of her family.
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Généviege est une femme de 42 ans mariée mère de 6 enfants dont l'age varie entre 03 et 23 ans . Elle est commerçante et fait la vente en détail des vivres frais( macabo, maniocs, plantains, noix de palmes et fruits) en fonction des saisons dans un marché de la place depuis 16 ans. Il a une bonne connaissance des fournisseurs, et surtout de sa clientèle qu'elle a acquise au fil du temps grâce à son expérience dans ce domaine. Mais elle se retrouve constemment en rupture de stock parce qu'elle est obligée de faire écouler tous le stock pour pouvoir s'en procurer à nouveau ceci à cause de la petitesse de son capital. Elle souhaiterai acheter des régimes de plantains et des sacs de macabo pour avoir un bon stocks ce qui permettra de mieux satisfaire la demande constante de sa clientèle et d'éviter les ruptures de stocks. Il économisera son bénéfice pour non seulement agrandir son activité mais aussi subvenir aux besoins de sa famille

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 $400 helped Genevieve to buy nets of macabo and bunches of plantains.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014