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Pauline Labelle
Pauline, a woman of 23 years old, is single and has no children. She has owned and operated a beauty salon in a downtown location for three years. Thanks to her determination and dynamic spirit, she has managed to turn a lot of her neighbors into faithful clients and has gradually grown this clientele to the point where she feels a need to grow her stock of merchandise. She would like to use this loan to buy beauty products (hair oil, straightener, etc.) so as to satisfy her customers and her own expectations for her results. Part of the profit will be ploughed back into the business and part used to cover her family needs (education, nutrition, rent).
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Pauline est une femme de 23 ans, célibataire et sans enfant. Elle possède et gère un salon de coiffure dans un coin de la ville depuis 3 ans. Grâce à sa determination et à son dynamisme, elle a su fidéliser une bonne partie de son voisnage et augmenter graduellement cette clientèle au point où elle ressent le besoin d'augmenter son stock de marchandises. Elle voudrait avec ce crédit acheter des produits de beauté (huile de cheveux, défrisant, etc) afin satisfaire sa clientèle et ses prévisions de résultat. les bénéfices seront réintroduits dans son activité d'une part et subviendront aux besoins familiaux (éducation, nutrition, logement) 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
  • 493.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Pauline Labelle to buy cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014