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Marie Anne
Marie Anne is 57 years old. She is engaged and is also the mother of four children. She owns her own restaurant, which she has run for years. It's thanks to this business that she is able to look after her family. Buying items for the restaurant in small quantities doesn't bring in much revenue for her. This is where the importance of this loan comes in. This loan will allow her to increase her stock of foodstuffs (sacks of peanuts, one sack of rice, a selection of fish and meats, raw vegetables and little extras needed for cooking her dishes) as well as new equipment. This will remove the need for daily shopping trips and cut down on her taxi expenses. This will also increase her profits. She will reinvest part of her profits into her business and the rest will help her meet her family's needs.
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Marie Anne est une femme de 57 ans fiancée mère de 4 enfants. Elle a ouvert un restaurant qu'elle gère depuis des années. c'est grâce à lui qu'elle s'occupe de sa famille. Le fait d'acheter les produits de restauration en détail ne rapporte vraiment grand chose pour elle. D'où l'importance de ce crédit pour son activité parce que ça lui permettra d'augmenter le stock de ses denrées alimentaires (sacs de d'arachide, 1 sac de riz, palette de poisson, viandes, les crudités et le petit nécessaire pour cuisiner ses plats, ainsi un nouvel équipement. Cela lui évitera les déplacements quotidiens et diminuera ses frais de taxi, ça augmentera aussi ses bénéfices. Elle réinvestira une partie de ses bénéfices dans son activité et le reste l'aidera à 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
  • $1,173,050
    Funds lent in using Kiva
  • 485.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Marie Anne to buy new equipment and to also increase her stock.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014