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Marie Louise
Mary is a 60-year-old woman from Cameroon. She is the mother of eight children, three of whom are currently dependents.

Mary has been making garments for 25 years, and always has to go to a market in town to overcast (technique to strengthen sewing) her clothing. Marie would like to use the loan to buy an overcasting machine to save time and money.

Benefits obtained will enable her to ensure her family's well-being and the education of the children still under her care.
View original language description ↓
Marie est une femme camerounaise de 60 ans. Mère de 08 enfants, marie a à sa charge actuellement 03 enfants. Marie confectionne les vêtement depuis 25 ans, étant obligé chaque fois de se rendre dans un marché de la ville afin de surfiler des vêtement Marie souhaiterait avec l'argent du crédit acheter une sur fileuse afin de gagner en temps et en argent. les bénéfices obtenus lui permettront d'assurer le bien être de sa famille et l'éducation des enfants encore à sa charge.

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
  • $1,180,425
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Marie Louise buy an overcasting machine (sewing).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014