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Virginie Solange
Virginie is a 34-year old woman, single, with two children. She has opened a bar-restaurant she has been managing for three years now. This business allows her to provide for her family. Because she buys food and beverages retail, she does not have much of a profit margin left. This is why this loan is important for her business: it will allow her to stock up on cases of beverages as well as on food items (some bags of peanuts, one bag of rice, a pallet of fish, meats, vegetables and various small items needed for cooking). This will allow to stop doing her shopping daily and reduce her taxi costs, which will also increase her revenues. She will reinvest part of her revenues in her business and use the rest to provide for family needs.
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Virginie est une femme de 34 ans célibataire et mère de 2 enfants. Elle a ouvert un bar-restaurant qu'elle gère depuis 3 ans. c'est grâce à lui qu'elle s'occupe de sa famille. Le fait d'acheter les produit de restauration ainsi que la boisson en détail ne rapporte vraiment grand chose pour elle. D'où l'importance de ce crédit pour son activité parce que ça lui permettra d'augmenter le stock de casiers de boissons ainsi que de ses denrées alimentaires (sacs de d'arachide, 1 sac de riz, palette de poisson, viandes, les crudités et le petit nécessaire pour cuisiner ses plats. Cela lui évitera les déplacements quotidiens et diminuera ses frais de taxi, ça augmentera aussi ses bénéfices. Elle réinvestira une partie de ses bénéfices dans son activité et le reste l'aidera à subvenir aux besoins de sa famille.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,188,175
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Virginie Solange to buy cases of beverages as well as food items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 8, 2013
May 15, 2013
Currency Exchange Loss:
Nov 17, 2013