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Fidele Rosaline
Fidèle is a young 24-year old Cameroonian. She is the single mother of a 5-year old girl who attends school. She has owned and run a kiosk in a part of the city for six years. She sells phone credit, cookies, and candy. Dynamic and welcoming, she thinks that her inventory of phone cards is already insufficient for her growing number of customers. The loan she is requesting will enable her to buy phone credit wholesale from suppliers (wholesalers of Orange and MTN, two local phone companies). The expected profits will enable her to increase her capital and to have a mini-kiosk as well as take care of the needs of her family.
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Fidèle est une jeune camerounaise de 24 ans, célibataire et mère d'une fille de 5 ans qui va à l'école. Elle possède et gère un kiosque dans un coin de la ville depuis 6 an où elle vend des crédits de communications, biscuits, friandises, . Dynamique et accueillant, elle considère que son stock de crédits est déjà insuffisant pour sa clientèle grandissante. le crédit qu'elle sollicite lui permettra d'acheter le crédit de communication en gros auprès de fournisseurs (grossistes d'Orange et de MTN). Les bénéfices escomptés vont lui permettra d'augmenter son capital et avoir un mini kiosque d'une part et de subvenir aux besoins de sa famille d'autre part.

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
  • 497.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fidele Rosaline to buy phone credit.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014