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Appoline Raissa
Appoline is a 31-year old woman who is married and mother to three children. She has owned and managed a small shop for three years in one of the town's districts and here she sells food products (sugar, soap, soda, canned food, rice, milk). She is requesting this loan to boost her stock of groceries so that she can satisfy her growing customer base and increase her profits. Part of the profits she generates will be injected into her business and part will be used to provide for her family's needs.
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Appoline est une femme de 31 ans, mariée et mère de 3 enfants. elle possède et gère une petite boutique depuis 3 ans dans un quartier de la ville où elle vend des produits alimentaires (sucre, savon, boisson hygiènique, boites de conserve, riz, lait). Elle sollicite ce crédit pour augmenter son stock de marchandises afin de satisfaire sa clientèle grandissante, et d'augmenter ses bénéfices. les bénéfices générés vont être injectés dans son capital d'une part et subvenir aux besoins de sa famille d'autre part

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
  • 491.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Appoline Raissa to buy sugar, soap, soda, canned food, rice, and milk for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014