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Jacqueline
Jacqueline is a 45-year-old woman from Cameroon. She is married and the mother of four children who all go to school.

For the past three years she has been running a small maize-grinding shop in one of the neighborhoods of her city. She is requesting this loan to buy a new grinding machine in order to meet the needs of all her customers and to increase her profits.

Part of her profits will be reinvested in her activity in order to increase her capital and business. The rest will be used to meet her family's needs (education, nutrition and healthcare).
View original language description ↓
jacqueline est une camerounaise de 45 ans, mariée et mère de quatre enfants tous allant à l'école. elle gère un mini boutique de moulins à maïs dans un quartier de la ville depuis 03 ans. elle sollicite ce crédit pour acheter une nouvelle machine a écraser afin de satisfaire toute sa clientèle et engranger plus de bénéfices.les bénéfices générés vont etre injecter dans l'activité pour augmenter son capital et son activité d'une part et d'autre part de subvenir aux besoins de sa famille (éducation, nutrition, santé)

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
  • 504.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Jacqueline to buy a maize-grinding machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014