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Carine
Carine is a young Cameroonian, age 20, married with a male kid, age 11 months, living in an urban center. She has been in her business for more than six months, which gives her a bit of experience and stability. This business is successful because it is situated in a commercial area in an urban set up, and Carine has been in it for more than six months. She does not have any other loans, other than this loan, and this is her first loan. This loan will help her to increase her stock by 12 percent and her profit by 29 percent; hence, her standard of living.

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
  • $1,188,150
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Carine to pay for cosmetic products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 28, 2014