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Monique
Monique is a 38-year-old single Cameroonian with two children. The oldest is 16 and in secondary school while the youngest is 6 and in primary school.

She has been in this business for over 12 years. She is very experienced and stable and her business is profitable. Her business is likely to succeed because it is located in an urban area with many potential customers.

This loan will increase her profit by 20 percent. Her standard of living will be improved as well.

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
  • $1,184,725
    Funds lent in using Kiva
  • 480.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Monique to buy perfumes and lotions for resale.
98% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 1, 2015