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Sandrine
Sandrine is a 34-year-old Cameroonian who is married with four children; the oldest is 12 and in primary school while the youngest is 2. She has been in this business for over ten years which makes her very experienced and stable. Her business is likely to succeed because it is located in an urban area with many potential customers. This loan will be used to increase her turn over by 35 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,173,050
    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 $650 helped Sandrine to buy stuff like soft drinks, bread, savon, milk, etc.
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