Marie is a Cameroonian woman who is 28 years old, married and mother to three children. She has owned and managed a small shop in one of the town's districts, selling hair extensions and beauty products, for the past eight months, and during this period she has seen her customer base grow and is unable to manage to satisfy customer demand sufficiently. This loan will enable her to increase her stock, by buying hair extensions and beauty products, so that she can increase her sales and profits. The profits she makes will enable her to increase her capital, expand her business and provide for her family's needs (education, food).
Marie est une camerounaise de 28 ans, mariée et mère de 3 enfants. Elle possède et gère une mini boutique de vente de mèche et de produits de beauté dans un quartier de la ville depuis 8 mois. durand cette période, elle a vu grandir sa clientèle et n'arrive plus à les satisfaire convenablement. ce crédit va lui permettre d'augmenter son stock de marchandises en achetant des mèches et produits de beauté afin d'augmenter ses ventes, voir son profit. les profits générés vont lui permettre d'augmenter son capital, accroître son activité et subvenir aux besoins de sa famille (éducation, nutrition)
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.