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Goysam is a young, 23-year-old woman. She has opened a small food shop in a district of the capital which she has been running for 3 years already. Her small business works well thanks to her warm welcome, her experience in this line of work and the customer base which she has acquired over time. The number of the latter is becoming important, and she can no longer satisfy them due to her limited capital which forces her to buy her products retail. She is requesting this loan so that she can increase her inventory of palm oil, as it is a product much used by the people in her environment, and so that she can increase her profit margin. She will reinvest part of her profits into her business so that she can meet the needs of her customers, and the other part will enable her to meet her daily needs and those of her family.
Goysam est une jeune femme de 23 ans. Elle est commerçante et a ouvert une alimentation dans un quartier de la capitale qu'elle gère depuis 3 ans déjà. Son petit commerce fonctionne grâce à son acceuiel chaleureux, son expérience dans ce domaine et la clientèle qu'elle a acquise avec le temps. Cette dernière devient importante et là, elle n'arrive plus à la satisfaire à cause de la petitesse de son capital qui l'oblige à acheter en détail.Elle sollicite ce crédit pour augmenter son stock d'huile de palme parce que c'est un produit très consommé par son entourage et pouvoir augmenter sa marge bénéficiaire. Il réinvestira une partie de son bénéfice dans l’activité pour couvrir les besoins de son secteur et l'autre partie lui permettra de subvenir à ses besoins quotidiens et ceux 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,197,575
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Goysam to increase her inventory of palm oil.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 14, 2012
Dec 17, 2012
Currency Exchange Loss:
Feb 17, 2014