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Caroline
Caroline is a 38-year-old woman who is married and the mother of 3 children. She runs a stall in a district of town from which she has been selling plantains and fresh food for 3 years. She is requesting this loan so that she can strengthen her inventory by buying plantains and pistachios in order to increase her turnover and profits. Part of the profits will be reinvested in her business and part will be used to improve her family's well-being.
caroline est une femme de 38 ans, mariée et mère de 3 enfants. elle gère un stand dans un quartier de la ville où elle vend du plantain et des vivre frais depuis 3 ans. elle sollicite ce crédit pour renforcer son stock de marchandises en achetant du plantain et des pistaches afin d'augmenter son chiffre d'affaires et bénéfices. les bénéfices seront réinjectés dans son activité d'une part et vont améliorer le bien être 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
  • $1,180,425
    Funds lent in using Kiva
  • 476.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Caroline to buy plantains and pistachios.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2013
Listed
Oct 29, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014