Check out some available loans that are similar to this one!
Madeleine works in commerce. She opened a grocery store in a neighborhood in the region's capital city and has been running it for one year now. Her small business is working out thanks to the warm welcome she gives everyone, her experience in the field and the customers she has gained over time. Her number of customers has increased and she can no longer satisfy them because she doesn't have a lot of capital which forces her to buy her goods retail. She is requesting this loan to strengthen her small amount of working capital, to diversify her merchandise (10 crates of drinks and some trays of eggs), and to increase her profit margin. She will re-invest part of her profits into the business so that she can meet the needs of the people in her area and the rest will allow her to meet her own daily needs as well as those of her family.
View original language description ↓
Madeleine est un femme commerçante. Elle a ouvert une alimentation dans un quartier de la capitale qu'elle gère depuis 1 ans déjà. Son petit commerce fonctionne grâce à son acceuiel chaleureux, son expérience dans ce domaine et la clientèle qu'elle a acquis 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 renforcer son petit fond de commerce pour diversifier sa marchandise (10 casiers de boissons et les alvéoles d'oeufs), et pouvoir augmenter sa marge bénéficiaire. Elle 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
  • 2
    View loans »
    Cameroon Loans Fundraising
  • $1,191,350
    Funds lent in using Kiva
  • 496.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Madeleine to buy 10 crates of drinks and some trays of eggs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 5, 2012
Dec 20, 2012
Currency Exchange Loss:
Dec 3, 2014