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Update on Bernadette

Bernadette is a 58-year-old woman, a widow, and the mother of seven children, from 6 to 24 years old, of whom four are still in school. Bernadette has been a merchant for eleven years at a station where she sells lumber. Having had a loan a year ago, her business has progressed a little. She would like to have a new loan that may help her in the same way. In fact, she would like to resolve an inventory shortage she is faced with. This loan will help make her business sustainable and feed her family, as well as save money for the back-to-school season.
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Bernadette est une femme de 58 ans veuve, mère de 07 enfants dont l'âge varie entre 6 et 24 ans, quatre vont encore à l'école. Elle est commerçante depuis 11 ans dans une gare ou elle vend du bois. Ayant contacté un crédit il ya un an, son activité a un peu progressé. Elle voudrait bien contracter un nouveau qui puisse l'aider dans la même logique. En fait, elle aimerait résoudre un problème de rupture de stock auquel elle est confrontée Ceci l'aidera à péréniser son activité et à nourrir sa famille de même que économiser pour les rentrées scolaires.

Previous Loan Details

Bernadette is a 57-year-old widow and the mother of seven children who are between 5 and 23 years old. Four of her children still attend school. She has been working as a trader for 10 years. She works in a station, selling wood. There are periods when it is not easy to sell wood. This often... More from Bernadette's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Cameroon

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,184,725
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Bernadette to diversify her merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 11, 2013
Jun 24, 2013
Currency Exchange Loss:
Feb 17, 2014