He is requesting this loan so that he can increase his product inventory (with 4 bags of rice and 5 boxes of soap) in order to satisfy the demand of his growing clientele. This will allow him to increase his profits, which will enable him to grow his business by buying more products, and will also enable him to meet his own needs and those of his family.
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.
0View loans »