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Christine
Christine is a 60 year-old widow and the mother of one child. She owns and has managed her shop in a district of the city for the past nine years, where she sells curtains. She is requesting a loan to increase her stock of merchandise in order to increase her sales and income. Part of the income she earns will be reinvested into the business to increase her capital, and the remainder will be used to support her family.
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Christine est une femme de 60 ans, veuve et mère d'un enfant. elle possède et gère une boutique depuis 9 ans dans un quartier de la ville où elle vend des draps. elle sollicite un crédit pour renforcer son stock de marchandises, afin d'augmenter ses ventes et son profit. les bénéfices vont être injecter dans l'activité afin d'accroître son capital d'une part et d'autre part de 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
  • $1,176,425
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Christine to purchase merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2014