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Varoline Neng
Varoline is a 38-year-old woman. She is single and the mother of two children. She runs a small restaurant in one of the neighborhoods of the city and she prepares typical Cameroonian dishes. She is requesting this loan to buy supplies (sugar, milk, fresh foods etc.), to increase her productivity and meet the needs of a growing number of customers. She will use her profits to expand her current restaurant, open a new one and improve her family's living conditions.
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varoline est une femme de 38 ans, célibataire et mère de 2 enfants. elle a un mini restaurant dans un quartier de la ville où elle fait des plats purement camerounais. elle sollicite ce crédit pour acheter des matières premières (sucre, lait, vivre frais etc) accroître son rendement et satisfaire sa clientèle grandissante. les profits vont lui servir à agrandir son restaurant, à ouvrir un autre restaurant et à améliorer les conditions de vie 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
  • $1,180,425
    Funds lent in using Kiva
  • 496.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Varoline Neng to buy supplies such as sugar, milk and fresh foods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014