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Jacqueline Nina
Jacqueline is a 26 year old single mother of one child. She owns and manages a stand where she has been selling fresh food (palm oil, macabo, also known as cocoyam, yams, lemons, and potatoes) in a district of the city for over ten years. She is requesting this loan to increase her stock of merchandise due to the growing demand of her customers. This increase in sales will allow her to increase her revenue.

Part of the income she earns will be used to reinvest in her business, and the rest will be used to pay for the needs of her family and raise their standard of living.
View original language description ↓
Jacqueline est une femme de 26 ans, célibataire et mère d'un enfant. elle possède et gère un stand où elle vend des vivres frais (huile de palme, macabo, igname, citron, patate) dans un quartier de la ville depuis plus de 10 ans. elle sollicite ce crédit pour renforcer son stock de marchandises au vu de la demande grandissante afin d'augmenter ses bénéfices. les bénéfices générés vont être réinvestis dans son activité d'une part et subviendront aux besoins de sa famille d'autre part afin de relever son niveau de vie.

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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,164,075
    Funds lent in using Kiva
  • 491.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Jacqueline Nina to purchase fresh food (palm oil, macabo, also known as cocoyam, yams, lemons, and potatoes) for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014