But she constantly finds herself short of inventory, since she is compelled to sell all of it in order to get more. This is due to her meager capital. She would like to have more crates of tomatoes and containers of oil for a good inventory. This will enable her to satisfy further the constant customer demand and to avoid shortages. She will save her profits not only for expanding her business but also for meeting the needs of 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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Success!! The loan was 100% repaid