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Begues
Begues is a young, 32-year-old man from Cameroun. He is single and is father to a 6-month old child.

Begues works selling women’s shoes in a local market, and has done so for the past five years. He plans to use his loan to buy shoes to increase his stock and, as a result, his sales. He will use part of the profits generated by this increase to support his family, and the other part to buy a store in the future.
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Begues est un jeune Camerounais de 32 ans, célibataire et père d'un enfant d'un an six mois. Commerçant dans un marché de la place, Begues vend les chaussures femmes depuis 05 ans.Avec le crédit, il souhaite acheter les chaussures afin d'augmenter son stock et par conséquent son chiffre d'affaire. les bénéfices engendrés par cette augmentation lui permettront d'une part de soutenir sa famille et d'autre part d'acheter dans l'avenir 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
  • $1,184,725
    Funds lent in using Kiva
  • 520.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Begues to increase his stock of merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013