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Josephine Therese
Thérèse is a young woman, 30 years old, unmarried, and the mother two children, 8 and 12 years old, who are both still in school. She also has in her care another person. Thérèse is a merchant and has opened a perfume shop, which she has been running in a district in the capital for three years. Her small shop is operating well enough, however the problem is a lack of diversification in her business and also a meager stock of body lotions. This is because of a burgeoning demand for jewelry and body lotion. She has had trouble satisfying this customer demand.

For these reasons, she is requesting a loan that will help her to stock up more on body lotions, as well as jewelry, enabling her to meet the needs of her customers. Her sales will then increase and her profits too as a result.

She will save some of her profits with the goal of opening a bar in the near future, and the rest will enable her to support her family.
View original language description ↓
Thérèse est une jeune femme de 30 ans,célibataire,mère de 02 enfants âgé entre 08 et 12 ans,les deux vont encore à l'école.Elle a également sous sa charge une autre personne.Elle est commerçante et a ouvert une parfumerie qu'elle gère dans un quartier de la capitale depuis 03 ans.Sa petite parfumerie fonctionne assez bien,mais cependant l'abscence d'une diversification de son activité,et la petitesse de son stock de lait de toilette est un problème car la demande en bijoux et en lait de toilette étant de plus en plus croissante,elle a du mal à satisfaire cette demande de sa clientèle.C'est pour cela qu'elle sollicite ce crédit qui l'aidera à plus s'approvisionner en lait de toilette mais également en bijoux,ce qui lui permettra de satisfaire les besoins de sa clientèle ,ce qui augmentera ses ventes et par conséquent ses bénéfices.Elle économisera une partie de ces bénéfices dans le but d'ouvrir dans un futur proche un bar et l'autre lui permettra de 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
  • 1
    View loans »
    Cameroon Loans Fundraising
  • $1,321,250
    Funds lent in using Kiva
  • 533.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Josephine Therese to buy jewelry and body lotions.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 11, 2012
Aug 1, 2012
Currency Exchange Loss:
Dec 17, 2013