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Carol
Carol is a young female Cameroonian living in an urban center. She is 28 years old, unmarried, and has an 8-month old child. She has been in the call box business for over four years which makes her experienced, successful and stable. Besides the call box business she also sell items like sachet milk, sweets and bon bons, biscuits and omo. This loan will enable her to increase her stock by about 30% and hence her output and standard of living will improve.

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
  • $1,176,425
    Funds lent in using Kiva
  • 507.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Carol to buy air time for her call box business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 10, 2013