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Josette Charlotte

Update on Josette Charlotte

Josette is a woman who lives in a district of the capital city. She is the mother of a family and has been selling charcoal for 21 years.

Thanks to her courage, she has built up a large clientele, and she would like to continue to satisfy their demands for charcoal. To do this, she has requested a loan from the field partner, which will allow her to increase her stocks of charcoal.

Josette will use her earnings to increase her business capital, and ensure the continuation of her business. At the same time, she will be able to take care of the needs of her family.
View original language description ↓
Josette est une femme qui vit dans un quartier de la capitale. Mère de famille, lle tient une vente de charbon depuis 21 ans. Grace à sa témérité elle s'est faite une grande clientèle qu'elle aimerait continuer de satisfaire. Pour cela elle sollicite un crédit qui lui permettra d'augmenter son stock de charbon. Les bénéfices tirés de ce prêt lui permettront d'augmenter son capital et d'assurer la pérennité de son commerce tout en subvenant aux besoins de sa famille.

Previous Loan Details

Josette is a woman who lives in a district of the capital city. She is the mother of a family and she has been selling charcoal for 20 years. Thanks to her courage, she has found a large clientele whom she would like to continue to satisfy. For that reason she has requested a loan that will permi... More from Josette Charlotte'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
  • 485.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Josette Charlotte to increase her stock of charcoal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 21, 2013
Nov 26, 2013
Currency Exchange Loss:
Jan 31, 2015
This photo was used before for a previous loan for Josette Charlotte. It was first posted on Kiva on Oct, 2012. Learn More