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Chantal
Chantal is a 40-year old woman from Cameroon, married, with six children, three of whom are in school. She has been selling fritters for over 11 years in a local neighborhood. Since her neighborhood is expanding and its population growing, Chantal would like to buy the ingredients to expand the quantity and enhance the quality of her fritters. The revenues will be reinvested in Chantal’s business and will also allow her to improve her family’s quality of life.
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Chantal est une femme Camerounaise âgé de 40 ans. marié et mère de 06 enfants dont 03 vont à l'école, Chantal est spécialisée dans la vente des beignets depuis près de 11 ans dans un quartier de la place. le quartier grandissant de même que la population, Chantal souhaite avec le crédit acheter la matière première afin d'augmenter et améliorer la qualité de beignets. les bénéfices obtenus seront réinjecter dans l'activité et permettront également à Chantal d'améliorer les conditions de vie de sa famille.

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
  • 506.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Chantal to buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014