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Raïnatou
Rainatou is a 40-year old woman. She is married and has one child. She owns and manages a store, where she sells traditional “pagnes” fabrics for women. She has been working there for 10 years. She is seeking a credit in order to replenish her merchandise stock by buying “pagnes” from Senegal in order to increase her sales volume and meet customer demand. Her profits will be reinvested in her business and used to cover education expenses for her child.
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raïnatou est une femme de 40 ans, mariée mère d'un enfant. elle possède et gère une boutique de vente de pagnes pour femme dans un quartier de la ville depuis 10 ans. elle sollicite ce crédit pour renforcer son stock de marchandises en achetant des pagnes provenant du Sénégal afin d'augmenter ses ventes et satisfaire sa clientèle. les profits générés vont être réinvestis dans son activité et subviendront aux besoins éducatif de son enfant

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
  • $1,168,400
    Funds lent in using Kiva
  • 482.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Raïnatou to buy traditional "pagnes" fabric.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 20, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 31, 2015