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Eric Alain
Eric Alain is a 34-year-old married father of three children whose ages range from 2 to 6. Two of his children are already attending school. He is a merchant in a suburb, where he has a bar in which he has been selling health drinks for a year. His management skills and experience have allowed him to rapidly acquire a considerable clientele, but he has trouble satisfying them thanks to the small size of his stock, which is constantly suffering from shortages. This need led him to seek this loan, which will allow him to increase his stock of drinks, thereby raising his sales, and to satisfy his customers and increase his profits. A portion of his profits will allow him to reinvest in his bar in order to expand it, and the remainder of his profits will help him provide for his children.
Eric Alain est un homme de 34 ans,marié ,père de 03 enfants dont l'âge varie entre 02 et 06 ans. Deux de ses enfants vont déjà à l'école.il est commerçant dans une banlieue où il a un bar dans lequel il vend des boissons hygiéniques depuis un an.Sa qualité de bon gestionnaire et son expérience lui ont permis d'acquérir en peu de temps une clientèle considérable, mais qu'il a cependant du mal à la satisfaire du fait de la petitesse de son stock qui entraine de constantes ruptures.D'où le besoin de ce crédit qui lui permettra d'augmenter son stock de boissons et par conséquent ses ventes et lui permettra de satisfaire sa clientèle et accroître ses bénéfices.Une partie de ses bénéfices lui permettra de réinvestir dans son bar afin de l'agrandir et l'autre l'aidera à subvenir aux besoins de ses enfants.

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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 520.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Eric Alain to buy several cases of drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013