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Elise is 34-year-old young woman who is married with children. After her training, she opened a salon that she has been running for the past 14 years. She often faces a shortage of cosmetics and hair extensions in her shop because she purchases her products at retail. She is also in need of a second hooded hair dryer so that she can serve her customers more quickly. Her goal is to provide satisfactory service to her customers which will so that she is able to earn a large income.

Elise is requesting a loan to purchase a second hooded hair dryer, and to buy hair extensions and hair oils wholesale. This will permit her to reach her goals. The income generated from this loan will help to Elise to satisfy her needs, as well as those of her family. It will also allow her to save money, which she will use to help grow her business in the future.
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Elise est une jeune femme de 34 ans mariée, mère d'enfants. Après sa formation, elle ouvert un salon de coiffure qu'elle gère depuis 14 ans déjà. Elle a souvent un problème du a l'absence de produits cosmétiques, mèches, et greffes dans son institut parce qu'elle achète ses produits en détail et elle a aussi besoin d'un deuxième casque pour être plus rapide dans l’accomplissement de ses taches. Son but étant de satisfaire sa clientèle et de réaliser un grand bénéfice. Elle sollicite un crédit pour pouvoir acheter un deuxième casque, les greffes et huiles de cheveux en gros. Ceci lui permettra d'atteindre ses objectifs. Le bénéfice tiré de ce crédit l'aidera a satisfaire ses besoins, ceux de sa famille, aussi d'épargner pour accroitre son activité dans le futur.

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
  • $1,320,025
    Funds lent in using Kiva
  • 523.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Elise to purchase a second hooded hair dryer, and to buy hair extensions and hair oils wholesale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 4, 2012
Sep 6, 2012
Currency Exchange Loss:
Nov 17, 2013