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Sara Angeline
Sara Angeline is a 48-year old woman who is separated from her husband and is mother to five children, ranging from five to 28 years old; only one of the children goes to school. She has been selling bread, biscuits, detergents and palm oil in one of the town's markets for the past 21 years. Her long experience in this field has enabled her to build up a considerable customer portfolio despite the progressive arrival of competition. With this loan she would like to buy 20 containers of palm oil and a crate of tomatoes so that she can boost her stock of goods in order to be able to cope with the competition. With the income she generates from this business she manages to cover her domestic expenses.
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Sara Angeline est une dame âgée de 48 ans, séparée de son époux et mère de 05 enfants dont l'âge varie entre 05 et 28 ans et parmi lesquels un seul va à l'école. comme activité, elle vend du pain, des biscuits, détergents et de l'huile de palme depuis 21 ans dans un marché de la ville. sa longue expérience dans le domaine lui a permis de se constituer un portefeuille clientèle considérable malgré l'arrivée progressive de la concurrence. elle voudrait avec ce crédit acheter 20 bidons d'huile de palme et un cajou de tomate afin de renforcer son stock de marchandise par pouvoir faire face à la concurrence. c'est avec les revenus générés par cette activité qu'elle parvient à supporter les charges domestiques.

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
  • $1,173,050
    Funds lent in using Kiva
  • 503.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Sara Angeline to buy oil and tomatoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 5, 2014