Check out some available loans that are similar to this one!
Dieudonné
Dieudonné is 48 years old, married, and father of six children between the ages of 6 months and 13 years. Five of his children still go to school. He opened a bar in a neighborhood of the capital city two years ago and has been managing it for the past two years.

His buisness is going well thanks to his warm hospitality and experience that have enabled him to attract a large customer base. However, the significant growth of his customer base does not allow him to satisfy the demand of his customers, due to his small amount of capital. That is why he is currently seeking a loan for his business, because a loan will allow him to increase his stock of beverages, which will not only allow him to satisfy his customers, but also to increase his sales and profit.

He will reinvest a portion of his profit in his business and the rest will allow him to meet the daily needs of his family.
View original language description ↓
Dieudonné est un homme de 48ans,mariée, père de 06 enfants dont l'âge varie entre 6 mois et 13 ans. Cinq de ses enfants vont encore à l'école. il a ouvert et gère un bar dans un quartier de la capitale depuis 2 ans déjà. Son activité fonctionne normalement grâce à son accueil chaleureux et son expérience qui lui ont permis de conquérir une clientèle importante.Mais cependant,la croissance considérable de sa clientèle ne lui permet guère de satisfaire à la demande de celle-ci,ceci dû à la petitesse de son capital d'où l'importance de ce crédit en moment pour son activité,car il l'aidera à augmenter le nombre de casiers de boissons ce qui lui permetrra non seulement de satisfaire sa clientèle ,mais d'augmenter ses ventes et ses bénéfices. Il réinvestira une partie de ces bénéfices dans son activité et le reste lui permettra de subvenir aux besoins quotidiens 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
  • $1,164,075
    Funds lent in using Kiva
  • 531.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Dieudonné to increase his stock of beverages (crates).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013