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Agnes
Agnès, age 38, is a married mother of eigth children aged 2 to 25, five of whom attend school. She is a merchant who has been selling seasonal produce (tomatoes and peppers) at retail and wholesale at a local market for the past 17 years. She knows her suppliers well, and she has a keen understanding of her customer base, which her experience has helped her to build over time.

However, her limited capital forces her to sell all of her merchandise before she can replenish her stock, which results in frequent shortages.

She plans to buy cases of tomatoes and bags of peppers to have the stock necessary to better meet customer demand, to prevent shortages, and to bolster her sales. She will save her profits to expand her business and to take care of her family.
Agnès est une femme de 38 ans mariée mère de 8 enfants dont l'age varie entre 2 et 25 ans 5 d'entre eux vont à l'école. Elle est commerçante et fait la vente en détail et en gros des vivres frais (tomate et piment) en fonction des saisons dans un marché de la place depuis 17 ans. Elle a une bonne connaissance des fournisseurs, et surtout de sa clientèle qu'elle a acquise au fil du temps grâce à son expérience dans ce domaine. Mais elle se retrouve constamment en rupture de stock parce qu'elle est obligée de faire écouler tous le stock pour pouvoir s'en procurer à nouveau ceci à cause de la petitesse de son capital. Elle souhaitera acheter les cajots de tomate et les filets de piment pour avoir un bon stock ce qui permettra de mieux satisfaire la demande constante de sa clientèle et d'éviter les ruptures de stocks et d'augmenter ses bénéfices. Elle économisera son bénéfice pour non seulement agrandir son activité mais aussi subvenir aux besoins de sa famille.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,184,725
    Funds lent in using Kiva
  • 483.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Agnes to buy cases of tomatoes and bags of peppers.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014