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Charlotte is a young Cameroonian, aged 29, married with two children. The older is twelve years old and in secondary school while the younger is nine years old and in primary school. She operates a call center and also sells honey jam and boiled eggs in an urban center. She has been in this business for the past two years which makes her very experienced and successful. She is likely to succeed because of the location of her business which is at a junction where many other business that need communication credits are located. This loan will help her increase her turnover from 400,000 Frs. to 650,000 Frs. monthly. Her profit will increase by 15 percent monthly and her living standards will increase as well.

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
  • $1,299,975
    Funds lent in using Kiva
  • 490.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Charlotte to pay for communication credit, boiled eggs and honey jam.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 13, 2013
Sep 1, 2013
Currency Exchange Loss:
Oct 31, 2014