Babine is a Cameroonian woman who is 40 years old and mother to a 10-year old child who goes to school. For almost 11 years she has been selling children's and adults' clothing in a market in town. As she does not have a sufficiently large stock, Babine would like to use her loan to increase her supply of baby and adult clothes. The profits she makes will be reinjected into her business and will at the same time enable her to provide for her son's future.
Babine est une femme camerounaise de 40 ans. mère d'un enfant de 10 ans qui va à l'école, elle vends les vêtements pour enfant et adulte dans un marché de la ville depuis près de 11 ans. Ne disposant pas d'un stock assez consistant de marchandises, Babine souhaite avec l'argent du crédit augmenter son stock de vêtement de bébé et adulte. les bénéfices obtenus seront réinjectés dans l'activité et permettront également à Babine d'assurer l'avenir de son fils.
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.