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Frauritte
Frauritte, age 36, is single and the mother of four children. She's been owning and running a hair salon in one neighborhood of the city for three years.

She's seeking this loan to bolster her stock of products, by buying cosmetics and hair extensions, in order to better satisfy her clientele and increase her sales and profits.

Her profits will be in part reinvested in her woking capital, and in part used to provide for the needs of her family.
View original language description ↓
Frauritte est une femme de 36 ans, célibataire et mère de 4 enfants. Elle possède et gère un salon de coiffure dans un quartier de la ville depuis 3 ans. elle sollicite ce crédit pour renforcer son stock de marchandises en achetant des produits cosmétiques et les mèches afin de satisfaire sa clientèle et augmenter ses ventes et profits. les bénéfices générés vont être réinvestis dans son capital et permettre 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
  • $1,173,050
    Funds lent in using Kiva
  • 482.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Frauritte to buy cosmetics and hair extensions.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 31, 2015