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Alen is a young, 31-year-old man from Cameroon. He is single, and has no children. For the past eight years he has worked selling women’s shoes in a local market.

Alen plans to use his loan to buy traditional women’s slippers to increase his stock, and to meet the needs of his ever-growing, demanding customer base. He will use part of the profits this increase generates to invest in his business, and will use the other part to buy a store in the future.
View original language description ↓
Alen est un jeune Camerounais de 31 ans, célibataire et sans enfant. Commerçant dans un marché de la place depuis 08 ans, il vend des chaussures femmes. Avec ce crédit alen voudrait acheter des babouches des femmes afin de renforcer son stock et satisfaire sa clientèle grandissante et exigeante. les bénéfices tirés de cette augmentation seront réinjectés dans son activité d'une part et d'autre par lui permettront dans l'avenir d’acquérir une boutique.

Additional Information

More information about this loan

This loan is part of ACEP Cameroun's new 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
  • $1,197,575
    Funds lent in using Kiva
  • 520.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alen to increase his stock of merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 14, 2012
Jun 22, 2012
Currency Exchange Loss:
Feb 15, 2013