Jacqueline is a dynamic and courageous woman who financially supports her children. She is requesting this loan to buy food supplies (flour, beans, maize and breakfast foods), in order to increase the level of her stock, which is not very high. This loan will also help her to increase her turnover and profits.
Jacqueline will reinvest her profits in her activity and use the rest of the money to meet her family's needs (children's education, nutritional and healthcare needs).
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 CamerounAgence 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.
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Success!! The loan was 100% repaid