She is requesting this loan to boost her stock of phone credit (from Orange and MTN). This purchase will allow her to meet the needs of an increasing number of customers and to make more profits.
Part of Jeanne's profits will be reinvested in her working capital while the remaining money will be used to improve her living conditions (nutrition and healthcare).
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 CamerounAgence 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.
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