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Marie is a 47-year-old woman who is married and the father of six children, from 10 to 26 years old, of whom four are still in school. She opened a grocery store near her home in a district in the capital that she has been running for ten years already. Her small business is doing well, thanks to her warm welcomes, long experience in this domain, and a customer base she has acquired over time.

Her customer base is becoming significant, so she no longer can satisfy the need due to her meager capital, which compels her to maker her purchases at the retail level. Her customers sometimes turn toward the competition, thus the importance of the current loan for her shop to bolster her small business fund, so as to diversify her merchandise (rice, salt, mineral water, boxes of sugar, sweets, …) and to increase her profit margins.

Marie will reinvest part of her profits into her business to cover the needs of her sector. The other part will enable her to meet her day-to-day needs and those of her family.
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Marie est est une femme de 47 ans mariée, père de 6 enfants dont l'age varie entre 10 et 26 ans 4 vont encore à l'école. Elle a ouvert une alimentation pres de son domicile dans un quartier de la capitale qu'il gere depuis 10 ans deja. Son petit commerce fonctionne grace à son acceuiel chaleureux et à longue experience dans ce domaine et la clientele qu'elle a acquise avec le temps. Sa clientèle devient importante et là, elle n'arrive plus à sa satisfaire à cause de la petitesse de son capital qui l'oblige à acheter en détail.Celle-ci se tourne parfois vers la concurrence, d'où l'importance de ce crédit en ce moment pour sa structure pour renforcer son petit fond de commerce pour diversifier sa marchandise (riz, sel, l'eau minerale,cartons de sucres, des friandise,...), et pouvoir augmenter sa marge bénéficiaire. Serges réinvestira une partie de son bénéfice dans l’activité pour couvrir les besoins de son secteur et l'autre partie lui permettra de subvenir à ses besoins quotidiens et ceux 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
  • 5
    View loans »
    Cameroon Loans Fundraising
  • $1,304,725
    Funds lent in using Kiva
  • 533.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marie to buy essentials in bulk (rice, soap, salt, flour...).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 30, 2012
Aug 13, 2012
Currency Exchange Loss:
May 17, 2013