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Beatrice
Beatrice is a middle-aged Cameroonian woman, who is married and has four children.Her oldest child is 18 years old and in a secondary school, and her youngest is 4 years old and in primary school. She lives in an urban area.

Beatrice has been in this business for the past four years, which makes her very stable, experienced, and successful. This is her very first loan from ACEP and Kiva. This loan will help her increase her output by about 30% and hence raise her family's living standards.

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
  • 501.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Beatrice to buy tailoring related materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014