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Clarisse
Clarisse is a 39-year-old Cameroonian and a married mother of two children. Her oldest is fourteen and in secondary school while the youngest is five and in primary school. She is an experienced tailor, having been in the business for over two years. Clarisse is likely to succeed because her business is located in an urban area with many potential customers. This loan will be used to increase her profits by seventy five percent.

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
  • 477.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Clarisse to buy material for sewing clothes.
94% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2014
Listed
Mar 2, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2015