As this business is only profitable during the school year, Jules would like this loan to buy a new photocopier. This will allow him to continue with his business, even during slow periods, to obtain a new market and have a diversified customer base and, above all, to increase his profit margin. This profit will allow him to reinvest, with the goal of opening a modern bookshop, as well as to meet his family’s needs.
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 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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