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Nicoline
Nicoline is a 27-year-old single woman, with no children. After completing her professional training, she opened a beauty salon in a local neighborhood over five years ago. Thanks to her expertise, to the experience she has gained overtime, and to the fact that she always greets her customers warmly, her beauty salon is doing well. She is requesting a loan to buy a hair salon helmet. This will allow her to better meet the needs of her customers and to increase her profit margin. She will use her profits to reinvest in her business in order to expand it.
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Nicoline est une femme Célibataire de 27 ans, sans enfant. Après sa formation, elle a ouvert un salon de coiffure dans un quartier de la place depuis plus de 5 ans. Son salon fonctionne bien grce a son savoir faire et l'expérience qu'elle a acquise avec le temps et surtout son acceuil chalereux envers sa clientéle. sollicite un credit pour s'acheter un casque pour mieux satisfaire sa clientèlle et augmenter sa marge bénéficaire. le benefice realisé sera re-injecté dans son activité pour l'agrandire.

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
  • 492.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nicoline to buy some equipment for her beauty salon (hair salon helmet).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013