Amougou knows her suppliers and also her customers particularly well, as she has built her customer base over time, thanks to her experience in this field. However, because of her small capital, she always has to sell all her stock of merchandise before she can buy more goods. As a consequence, she is constantly out of stock.
She would like to buy a truckload of plantains in order to have a good stock of merchandise, which will allow her to better satisfy the constant demand from her customers and will prevent shortages.
Amougou will save her profits, not only to increase her business, but also to meet the needs 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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