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Raujerene is a young woman from Cameroon of 26 years, single, and mother of one child, 8 years old, who goes to school. As a business, she has had a salon for three years, in which she also does beauty care. With this loan, she would like to buy packets of hair extensions, weaves, straighteners, and fake nails in order to reinforce her stock and better respond to the needs of her customers, who often find themselves obligated to restock from her competitors in cases when the product they are looking for is unavailable, which is a shortfall.
Her ambition for her business is to open a second hair salon and for her family to better meet the health and education needs of her young girl.
Raujerene est une jeune Camerounaise âgée de 26 ans, célibataire et mère d'un enfant de 08 ans qui va à l'école. Comme activité, elle dispose d'un salon depuis 03 ans dans lequel elle fait également des soins esthétique. Avec ce crédit elle voudrait, elle voudrait acheter des paquets mèches, des greffes, des défrisants et des ongles artificielles afin de renforcer de son stock et mieux répondre aux besoins de sa clientèle qui se trouve souvent obligée de se ravitailler auprès des concurrents en cas d'absence du produit sollicité. ce qui constitue un manque à gagner.
elle a comme ambition pour son affaire d'ouvrir un second salon de coiffure et pour sa famille de mieux subvenir aux besoins scolaires et sanitaires de sa jeune fille.

Additional Information

More information about this loan

This loan is part of ACEP Cameroun's 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
  • $1,319,675
    Funds lent in using Kiva
  • 523.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Raujerene to buy merchandise (packets of hair extensions, straighteners, etc.).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Jul 6, 2012
Currency Exchange Loss:
Dec 15, 2012