She has a good knowledge of the producers and of her clientele, which she acquired over time thanks to her experience in this field.
Nevertheless, she's constantly out of stock because she's forced to sell everything before being able to buy new products, due to her small working capital.
She would like to buy a truckload of plantains in order to have a large stock, which will enable her to better meet a constant customer demand and avoid getting out of stock.
She will save her profits, not only to expand her business, but also to provide for her family.
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 CamerounAgence 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.
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