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Josephine
Josephine is a 56-year old woman, a widow and the mother of two. She owns and manages a local store in which she has been selling underwear for four years. She is seeking this loan in older to bolster her stock and buy women’s underwear in order to meet her customer’s expectations. The resulting revenues will allow her to expand her business and provide for her needs (food, lodging).
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Joséphine est une femme de 56 ans , veuve et mère de 02 enfants. Elle possède et gère une boutique de où elle vend des sous vêtements de 4 ans dans un quartier de la ville. Elle sollicite ce crédit pour pouvoir renforcer son stock de marchandises en achetant les sous vêtements pour femme afin de palier à la demande de sa clientèle. Les bénéfices générés vont lui permettre d'accroître son activité et de subvenir à ses besoins (nutrition, logement)

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
  • $1,184,725
    Funds lent in using Kiva
  • 503.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Josephine to buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014