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Seraphine
Seraphine, age 56, has been selling dried foods at a local market for the past six years. She has a solid experience in this activity, which has allowed her to build a substantial customer base.

She wants to use her loan to buy maize, pistachios and smoked fish wholesale to bolster her income. Until now, she has been buying her stock at retail.

The revenue earned will help her to better provide for her family.
Seraphine est une dame âgée de 56 ans qui mène comme activité la vente des vivres secs dans un marché de la ville depuis 06 ans déjà. ceci dit elle bénéficie d'une bonne expérience dans le domaine, ce qui lui a permit d'avoir une clientèle considérable. elle voudrait avec ce crédit acheter en gros du maïs, du pistache et du poisson fumé. ce qui est générateur de plus de revenu car pour l'instant elle s'approvisionne en détail. les revenus générés lui permettront de mieux 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
  • 501.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Seraphine to buy maize, pistachios and smoked fish for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013