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Marguerite
Marguerite is 44 years old and the mother of a family. She is a merchant and has sold various food items (tomatoes, potatoes, cocoyams, manioc, plantains, palm nuts, and fruit) at retail on a seasonal basis at a local market for 16 years. She has a good knowledge of the suppliers and especially her customers, whom she has acquired over time thanks to her experience in this business. However, she constantly faces stock shortages because she needs to sell her entire stock in order to buy new supplies, due to the small amount of capital she has. With this loan, she hopes to buy bunches of plantains and bags of tomatoes to build a larger stock, which will allow her to better satisfy her customers' constant needs and avoid stock shortages. She will save her profits not only to expand her business but also to provide for her family.
Marguerite est une femme de 44 ans mère de famille. Elle est commerçante et fait la vente en détail des vivres frais( tomate, patates, 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 cajots de tomate pour avoir un bon stocks ce qui permettra de mieux satisfaire la demande constante de sa clientèle et d'éviter les ruptures de stocks. Elle 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
  • $1,173,050
    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 Marguerite to increase her stock of plantains and tomatoes for resale.
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:
Oct 17, 2013