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Pascaline
Pascaline is a 49-year-old woman who is the widowed mother of a 26-year-old child still attending school. She is a merchant and for the past 20 years has been retailing fresh seasonal produce (bananas and plantains) in one of the local markets.

She has a good knowledge of suppliers, and especially of her customers that she has acquired over time, given her experience in this field.

However, she finds herself constantly out of stock because she is forced to sell all of her stock before she can resupply, due to her limited working capital.

She would like to buy a truckload of plantain bunches to have a good stock supply, that will enable her to better meet the constant demand of her customers and avoid being out of stock.

She intends to save her profits, not only to expand her activity but also to provide for her family.
View original language description ↓
Pascaline est une femme de 49 ans veuve mère d'un enfant de 26 ans qui va encore à l'école. Elle est commerçante et fait la vente en détail des vivres frais (banannes, plantains) en fonction des saisons dans un marché de la place depuis 20 ans. Il a une bonne connaissance des fournisseurs, et surtout de sa clientèle qu'elle a acquise au fil du temps grâce à son expérience dans ce domaine. Mais elle se retrouve constamment en rupture de stock parce qu'elle est obligée de faire écouler tous le stock pour pouvoir s'en procurer à nouveau ceci à cause de la petitesse de son capital. Elle souhaitera acheter un camion des régimes de plantains pour avoir un bon stock ce qui permettra de mieux satisfaire la demande constante de sa clientèle et d'éviter les ruptures de stocks. Il économisera son bénéfice pour non seulement agrandir son activité mais aussi subvenir aux besoins de sa famille.

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.

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About Cameroon

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,173,050
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Pascaline buy a truckload of bananas and plantains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2013
Listed
Oct 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014