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Update on Salamatou

Salamatou is a young 35-year-old woman, married and mother of three children whose ages vary from 6 to 12 years. All the children attend school.

She is an experienced merchant who for the past 11 years has been managing a small phone call center (call box) and a small stall in one of the capital's neighborhoods.

Due to the limited income generated by these businesses, the considerable increase in her customer base and constantly being out of stock, she would like this loan so she can regularly stock up on communication credits with the telephone operators, which would considerably increase her profits.

These profits would allow her to reinvest to expand her stall and also meet the needs of her family.
View original language description ↓
Salamatou est une jeune femme de 35 ans, mariée , mère de 03 enfants dont l'âge varie entre 6 et 12 ans, tous vont déjà à l'école.elle est une ancienne commerçante qui gère depuis 11 ans un petit centre d'appel téléphonique( call box)et une petite échoppe dans un quartier de la capitale.Du fait de la petitesse des bénéfices générés par ses activités, de l'augmentation considérable de sa clientèle et de la constante rupture de stock , elle voudrait ce crédit afin de pouvoir régulièrement s'approvisionner en crédit de communication auprès des opérateurs téléphoniques ce qui augmentera considérablement son bénéfice. Bénéfice qui lui permettra de réinvestir dans son échoppe afin de l'agrandir et de subvenir aux besoins de sa famille.

Previous Loan Details

Salamatou is a young 34 year old woman, married, and mother to 3 children whose age varies from 5 to 11 years. All the children already go to school. She is an experienced shopkeeper who has been managing a small center for phone calls (call box) and a small stall in a neighborhood of the capital... More from Salamatou's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Cameroon

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,197,575
    Funds lent in using Kiva
  • 482.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Salamatou to expand her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 25, 2013
Oct 4, 2013
Currency Exchange Loss:
Dec 3, 2014
This photo was used before for a previous loan for Salamatou. It was first posted on Kiva on Jun, 2012. Learn More