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Priscile Olive
Priscile is 34 years old, single, and mother of one daughter. She owns and operates a small restaurant where she has been selling Cameroonian meals for one year now. Her restaurant is located in a neighborhood of the city.

She is seeking this loan so that she can increase her inventory of raw materials by buying 1 bag of rice, 1 bag of salt, 1 crate of tomatos, etc. in order to increase her revenue and profit.

She will use the profits that she earns to reinvest in and expand her business and to support her family (education, housing, food, health).
View original language description ↓
Priscile est une femme de 34 ans, célibataire et mère d'une fille. Elle possède et gère un mini restaurant où elle vend des repas camerounais depuis 1 ans. Son activité est situé dans un quartier de la ville. Elle sollicite ce crédit pour augmenter son stock de matières premières en achetant 1 sac de riz, 1 sac de sel, un cajou de tomate etc... afin d'accroître ses revenus et ses profits. Les bénéfices générés seront réinvestis dans son activité pour l'agrandir d'une part et subviendront aux besoins de sa famille (éducation, logement, nutrition santé)

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
  • 505.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Priscile Olive to buy raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014