She's seeking this loan to bolster her stock by buying cases of drinks and bottles, and to improve her bar by buying tables and refitting the place.
Her goal is to improve the profitability of her business and increase her profits. She will reinvest one part of the profits in her business in order to expand it. The remainder will be used to provide food and education to 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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