She is requesting this loan to buy bulk quantities of phone credits (from MTN, Orange, Camtel) in order to increase her stock of credit. This will allow her to make a profit which will not only increase her capital and boost her business, but also allow her to satisfy the needs of her customers.
Her goal is to use her profits to take care of her own needs as well as those of 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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