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Cecilia
Cecilia lives in Cameroon. She is 62 years old, a widow and the mother of nine. She owns a grocery stand and has been running it for seven years. She is seeking a loan to expand her merchandise stock and buy products such as cookies, sweets, staple foods, first necessity items etc. This will allow her to increase her sales volume and thus her profits. The revenues will be reinvested in her business and also used to provide for her needs.
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cecilia est une camerounaise de 62 ans, veuve et mère de 9 enfants.elle possède et gère une boutique de vente de produits alimentaires depuis 7 ans. Elle sollicite ce crédit pour renforcer son stock de marchandises en achetant les produits tels que la biscuiterie, la confiserie, alimentaire, produits de premières nécessités etc. Ceci va lui permettre d'augmenter son chiffre d'affaires voir ses profits. Les bénéfices générés seront réinvestis dans l'activité et subviendront à ses besoins.

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
  • $1,161,000
    Funds lent in using Kiva
  • 509.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Cecilia to stock up on merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Mar 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2014