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Jeanne Marie Francine
Jeanne is a 34-year-old single mother of three. She is a merchant, selling hair extensions and beauty products in a corner of the town square for a year. She constantly finds herself out of stock, because she needs to get rid of all the stock to be able to get more because of the small size of her capital. She would like to buy weaves and extensions (150 pieces) to have a good stock which will allow her to better satisfy the constant demand of her clientele and to avoid stock shortages. She will save her profits not only to grow her business but also to meet the needs of her family.
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Jeanne est une femme de 34 ans, célibataire et mère de 3 enfants. Elle est commerçante et fait dans la vente des mèches et produits de beautédans un coin de la place depuis 1 ans. Elle se retrouve constamment en rupture de stock parce qu'elle est obligé 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 greffes et mèches (150 pièces) 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
  • 496.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jeanne Marie Francine to buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014