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Denise
Denise is a 29-year-old woman and mother of two children. For the last 12 years, she has been selling dry goods (salt, sugar, smoked fish, groundnuts, palm oil, corn) in a neighborhood of the city.

She is requesting a loan in order to meet her customers’ demand and increase her revenues and augment her stock of goods. The profit generated will be reinvested in her activity and will provide for the needs of her family.
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Denise est une femme de 39 ans, mariée et mère de 2 enfants. elle commercialise les vivres secs (sel, sucre, poisson fumés, arachide, huile de palme, maïs) dans un quartier de la ville depuis 12 ans. afin de satisfaire sa clientèle et augmenter son chiffre d'affaire, elle sollicite un crédit pour renforcer son stock de marchandises. les bénéfices générés vont être réinjectés dans son activité et subviendront 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 480.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Denise to buy goods.
98% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015