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Solange
Solange is a 44-year-old widow and mother. She is a merchant and about a year ago opened a perfume shop at a local market. Her business is doing well thanks to her kind reception and the good quality of her products.

She is requesting a credit loan to increase her supply of cosmetics and hair extensions. This will increase her sales as well as her profits, part of which will be reinvested in her business, and the rest will enable her to support her family.
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Solange est une femme de 44 ans, veuve et mère de famille. Elle est commerçante et a ouvert une parfumerie dans un marché de la place depuis un an. son activité fonctionne bien grace à son acceuil et la bonne qualité de ses produits. Elle sollicite de crédit pour augmenter son stock des produits cosmétiques et mèches. ceci augmentera ses ventes ainsi que ses bénéfices. bénéfice qui sera réinvesti en partiedans son activité et le reste lui permettra de 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.

About Cameroon

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,161,000
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Solange increase her stock supply of cosmetics and hair extensions.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014