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Sophie
Sophie is a woman of 58 years old. She is a widow and the mother of seven children, the oldest of whom is 35 years old and the youngest of whom is 17. Sophie owns and manages a stand in a district of her town where she sells smoked fish. She is requesting this loan to increase her stock of raw materials so that she can meet the demand of her growing clientele. The income Sophie earns with the help of this loan will serve to expand her business and provide for the education of her youngest child, who is still attending school.
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sophie est une femme de 58 ans, veuve et mère de 7 enfants dont le premier est agé de 35 ans et le dernier de 17 ans. elle possède et gère un stand dans un quartier de la ville où elle vend des poissons fumés. elle sollicite ce crédit pour renforcer son stock de matières premières afin de satisfaire sa clientèle grandissante. les bénéfices ainsi générés lui serviront pour agrandir son activité et assurer l'éducation de son dernier enfant qui va encore à l'école.

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
  • 494.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Sophie to purchase fish.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013