She has a good knowledge of suppliers, and especially of the customers she has acquired over time thanks to her business experience. However she finds herself constantly out of stock because she is forced to sell all of her stock before she can resupply, due to her limited funds.
She wants to buy wholesale plantains, bananas, and bags of cassava sticks to establish a good stock supply. This will enable her to better meet the continuing customer demand and avoid being out of stock.. She will save her profits not only to expand her business activity but also to provide for 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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