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Amougou
Amougou is a 57-year-old woman. She is married and the mother of nine children. She is involved in retail and sells fresh produce (cassava, plantains), depending on the season, at a local market. She has been involved in this activity for the past ten years.

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.
View original language description ↓
Amougou est une femme de 57 ans mariée mère de 9 enfants. Elle est commerçante et fait la vente en détail des vivres frais( maniocs, plantains) en fonction des saisons dans un marché de la place depuis 10 ans. Elle a une bonne connaissance des fournisseurs, et surtout de sa clientèle qu'elle a acquise au fil du temps grâce à son expérience dans ce domaine. Mais elle se retrouve constamment en rupture de stock parce qu'elle est obligée de faire écouler tous le stock pour pouvoir s'en procurer à nouveau ceci à cause de la petitesse de son capital. Elle souhaiterai acheter un pick-up des régimes de plantains pour avoir un bon stocks ce qui permettra de mieux satisfaire la demande constante de sa clientèle et d'éviter les ruptures de stocks. Elle économisera son bénéfice pour non seulement agrandir son activité mais aussi 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,173,050
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Amougou to buy a truckload of plantains.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013