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Melingui
Melingui is a widowed mother who is raising her 2 adult children, aged 25 and 28, alone. In order to meet her needs and those of her family, she opened a bar in a local district 3 years ago. Because of the difficult living conditions, Melingui is also a civil servant in one of the capital's organisations. She is however requesting a loan which will enable her to increase her inventory of merchandise, namely juices and beers, and avoid potential stock shortages. The profits generated will be used to buy a new freezer.
Melingui est une mere de famille veuve qui élève seul ses deux grands enfants agés entre 25 et 28 ans. pour subvenir à ses besoins et à ceux de sa famille,elle à ouvert depuis 03 ans un bar dans un quartier de la place.compte tenu des conditions de vie difficiles,Melingui est également fonctionnaire dans une structure de la capitale.elle sollicite cependant un credit qui va lui permettre d'augmenter son stock de marchandises à savoir les jus et les bières afin d'éviter par la meme occasion,les éventuelles ruptures de stock. les bénéfices obtenus serviront à acheter un nouveau congélateur.

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
  • $1,164,075
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Melingui to increase her inventory of drinks (juices, beer).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014