Marie Claire is a merchant and has had a small restaurant in the capital for one year already. Buying goods for her restaurant at retail does not work well and does not allow her to satisfy her customers, who continue to grow in number each day. To solve this problem, Marie Claire requested this loan.
This loan will allow her to increase her stock of foodstuffs (sacs of groundnuts and rice, cases of fish, meat, vegetables, and other small necessities to cook her meals).
Earnings will be partly reinvested in the business to help it expand. The rest will allow her to take care of her family.
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 CamerounAgence 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.
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