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Update on Bernadette

Bernadette is a 54 year old widow, mother to 3 children whose ages range between 23 and 35 years old and among whom two still go to school. She has been a shopkeeper in a local market for 7 years where she sells fruit and dried goods (manioc flour) according to the seasons. The average duration of the turnover of her stock is 3 days. She is again requesting a new loan to better stock up in large quantities which will allow her to better satisfy her growing clientele and grow her profits. These profits will allow her to meet the needs of her family and to reinvest in her business with the goal of expanding it as her ambition is to hold the position of leader in this business sector.
View original language description ↓
Bernadette est une veuve âgée de 54 ans, mère de 3 enfants dont l'âge varie entre 23 et 35 ans et parmi lesquels deux vont encore à l'école.Elle est commerçante dans un marché de la place depuis 7 ans où elle vend des fruits et des vivres secs(farine de manioc)en fonction des saisons. La durée moyenne de rotation de son stock est de 3 jours.elle sollicite à nouveau un crédit pour mieux s'approvisionner en grande quantité ce qui lui permettra de satisfaire au mieux sa clientèle grandissante et d'accroître son bénéfice.Bénéfice qui lui permettra de subvenir aux besoins de sa famille et de réinvestir dans son activité dans le but de l'agrandir car elle a pour ambition d'occuper la position de leader dans ce secteur d'activité.

Previous Loan Details

Bernadette is a 53-year-old widow, and mother to three children aged between 23 and 35 years of age. Two of her children are still at school. She has worked for six years selling fruits and dried goods (cassava flour) in a market in the square. Her stock rotation period is on average three days. ... More from Bernadette's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Cameroon

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,197,575
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Bernadette to increase her stock of merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 22, 2013
May 15, 2013
Currency Exchange Loss:
Feb 17, 2014
This photo was used before for a previous loan for Bernadette. It was first posted on Kiva on Jun, 2012. Learn More