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Olga Diane
Diane is a young woman, unmarried, 31 years old, and the mother of a family. She has a bar she has been running for a year in a district in the capital. Thanks to this business, she is meeting the needs of the family. Thanks to her know-how, she has developed a customer base that is growing over the course of time, though she can no longer manage to satisfy them due to her meager capital. This explains the need for a loan for her business, since it will enable her not only to increase her cases of drinks but also her profits, which will in part be reinvested in her business to expand it. The rest will help her to support her family.
View original language description ↓
Diane est une jeune dame célibataire âgée de 31 ans mère de famille. Elle a un bar qu'elle gère dans un quartier de la capitale depuis un an. c'est grâce à cette activité qu'elle subvient aux besoins de sa famille. grâce à son savoir vivre, elle a développer une clientèle qui s'accroit au fil du temps et là, elle ne parvient plus à la satisfaire à cause gde la petitesse de son capital, d'où la nécessité de ce crédit dans son activité car il lui permettra non seulement d'augmenter ses casiers de boissons mais aussi sa marge bénéficiaire. bénéfice qui sera en partie réinvesti dans son activité pour l'agrandir et le reste l'aidera pour 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
  • $1,164,075
    Funds lent in using Kiva
  • 486.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $225 helped Olga Diane to increase the quantity of goods (cases of drinks) for her bar.
97% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 3, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015