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Thérèse
Fidèle is a young woman from Cameroon, who is 24 years old, single and mother to a five-year old girl who goes to school. She has owned and managed a kiosque in a corner of the town for the past six years, and here she sells communication credit, biscuits and candy. She is dynamic and welcoming, but now she considers that her stock of credit is not sufficient for her expanding customer base. The loan she is requesting will enable her to buy communication credit wholesale from suppliers (Orange and MTN wholesalers). The profits she makes will enable her to increase her capital and maintain a mini-kiosque, as well as to provide for her family's needs and buy a piece of land.
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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 et d'acheter un terrain 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
  • $1,161,000
    Funds lent in using Kiva
  • 495.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Thérèse to buy communication credit.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Dec 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014