Clémentine is a young 21-year-old woman who is engaged and a mother. After graduating, she opened a small hair salon which has been working well for 6 months already. Over time, she has been able to develop and loyalize her clientèle. However, she is no longer able to satisfy her customers completely due to the small size of her capital which forces her to buy her products in retail amounts. This is why she is requesting a loan with which to inventory of hair extensions, hair weaves and beauty products. The profits generated thanks to this loan will be partly reinvested in her business, and the rest will be used to satisfy some of her own needs as well as those of her family.
Clémentine est une jeune femme de 21 ans fiancée mère de famille. Après sa formation, elle a ouvert un petit salon de coiffure qui fonctionne bien depuis 6 mois déjà. Grâce à son savoir faire, elle a developper et fideliser une clientèle au fil du temps. Mais elle n'arrive plus à la satifaire totalment à cause de la petitesse de son capital qui l'oblige à acheter son matériel en détail. C'est pour celà qu'elle sollicite un crédit pour augmenter le stock des mèches, greffes et produit de beauté. le benefice tiré de ce crédit sera en partie réinvesti dans son activité pour l'agrandir , mais aussi de satisfaire certains de ses besoins ainsi que ceux de sa famille.
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.