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Suzanne Noelle
Suzanne is a 48-year-old woman merchant who has a retail trade in tomatoes, oil, smoked fish, peanuts,… according to the season. She has been selling at a local market for five years. She has good knowledge of suppliers and especially of her customer base, which she has acquired over the course of time, thanks to her experience in this domain.

But she constantly finds herself short of inventory because she has to sell her entire inventory before procuring more again. This is due to her meager capital. She would like to increase her inventory to do better satisfying the constant demand from her customers and to avoid inventory shortages. She will save her profits for not only expanding her business but also providing for her family.
View original language description ↓
Suzanne est une femme de 48 ans commerçante.Elle fait la vente en détail (tomate, huile, posson fuméarachides...) en fonction des saisons dans un marché de la place depuis 5 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 souhaitera augmenter son stock pour 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
  • 489.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Suzanne Noelle to increase her stock of seasonal foods to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014