Jacqueline is a 26 year old single mother of one child. She owns and manages a stand where she has been selling fresh food (palm oil, macabo, also known as cocoyam, yams, lemons, and potatoes) in a district of the city for over ten years. She is requesting this loan to increase her stock of merchandise due to the growing demand of her customers. This increase in sales will allow her to increase her revenue.
Part of the income she earns will be used to reinvest in her business, and the rest will be used to pay for the needs of her family and raise their standard of living.
Jacqueline est une femme de 26 ans, célibataire et mère d'un enfant. elle possède et gère un stand où elle vend des vivres frais (huile de palme, macabo, igname, citron, patate) dans un quartier de la ville depuis plus de 10 ans. elle sollicite ce crédit pour renforcer son stock de marchandises au vu de la demande grandissante afin d'augmenter ses bénéfices. les bénéfices générés vont être réinvestis dans son activité d'une part et subviendront aux besoins de sa famille d'autre part afin de relever son niveau de vie.
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.