Berthe has been in her fruit and vegetable business for the past fifteen years, which makes her very experienced and stable. Her business is successful because it is located in an urban area where the demand is high. She is likely to succeed because of her very long experience in the business and her numerous supply contracts she has been having over time. The previous loan greatly help her and this loan will help her increase her turn over from 2100 000 Frs. to 2300000 Frs. monthly and increase her profit by 21 percent as well as improving her standard of living
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 CamerounAgence 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.
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