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Philomaine is a young, 39-year-old single mother of a 5-year-old child, who is already at school. Three years ago she opened and started to run a bar-restaurant in a neighborhood of her town. Her time in this business and her significant experience have allowed her to obtain a loyal customer base. Nevertheless, her small amount of capital does not allow her to manage these customers very well, as there are constant stock shortages because she buys in small quantities.

This loan will allow Philomaine to buy several crates of hygienic drinks, as well as a significant stock of staple foodstuffs. She will save part of her profits to expand her business by buying more drinks, and will use the rest to provide for her family.
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Philomène est une jeune femme de 39 ans célibataire mère d'un enfant âgé de 5 ans qui va déjà à l'école. Elle a ouvert et gère un bar-restaurant depuis 3 trois dans un quartier de la place. Son ancienneté et sa forte expérience dans ce domaine lui ont permis d’acquérir une clientèle fidèle. Mais son petit capital ne lui permet de bien gérer toute cette clientèle à cause des ruptures permanentes de stocks parce qu'elle achète en petites quantité. ce crédit lui permettra d'acheter plusieurs casiers de boissons hygiéniques et un stock important de denrées alimentaires. Elle épargnera une partie du bénéfice qu'elle aura pour agrandir son activité en achetant plus de boisson et le reste l'aidera à subvenir aux besoins de sa famille.

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
  • $1,219,125
    Funds lent in using Kiva
  • 543.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Philomaine to buy several crates of drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 6, 2012
Jul 26, 2012
Currency Exchange Loss:
Dec 17, 2013