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Georges
Georges is a 34-year-old man who is engaged to be married and a father of two children, aged 15 months and 4 years old. One of them is already in school. Georges is a merchant in a district in the capital where he has been running a mini-hardware store for nine months. Although his business is young, he has been able to earn a considerable customer base in so little time, thanks to his skills in commerce. But he no longer manages to satisfy his customers because his capital barely allows him to stock up sufficiently for satisfying the growing demand.

To alleviate this problem, he would like this loan to stock up on sufficient quantities of thinners, paints, sheet metal, and many other hardware items. This will enable him to meet the demand and especially to increase his sales and consequently his profits.
View original language description ↓
Georges est un homme de 34 ans, fiancé, père de 02 enfants âgés de 15 mois et 04 ans,l'un d'eux va déjà à l'école.Il est commerçant dans un quartier de la capitale où il gère une mini quincaillerie depuis 09 mois.Son activité étant certe jeune, mais georges grâce à sa qualité de bon commerçant a pu en si peu de temps fidéliser une clientèle considérable, mais qu'il n'arrive cependant plus à satisfaire car son capital ne lui permet guère de s'approvisionner en quantité suffisante susceptible de satisfaire la demande croissante.Afin de palier à ce problème, il voudrait ce crédit afin de s'approvisionner en quantité suffisante en diluants,seaux de peintures, tôles et biens d'autres produits de quincaillerie, ce qui lui permettra de satisfaire la demande, mais surtout d'augmenter ses ventes et par conséquent ses bénéfices. Ces bénéfices lui permettront d'agrandir son activité en vue d'en faire une grande quincaillerie, mais également de subvenir aux besoins de sa famille.

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
  • $1,173,050
    Funds lent in using Kiva
  • 533.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Georges to buy thinners, paints, and sheet metal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013