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Rose
Rose is a middle-aged Cameroonian living and doing business in an urban area. She is married with five children. The oldest is 21 years old studying business administration at the bachelor's level and the youngest is in primary school. She has been in the telecommunications business for the past six years which makes her experience very stable and also her business very profitable. She has a 70 percent chance of succeeding in this business. This loan will increase her output by 12 percent and 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
  • $1,184,725
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Rose to pay for communication credit.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2013
Listed
Jul 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 28, 2014