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Samuel is a young 30-year-old man, who is single and has no children. He is a retailer, and has a ready-to-wear clothing store in a neighborhood of the capital which he has managed for seven years. His warm welcome, creativity, good clothing advice and experience have enabled him to build up a considerable customer base.

The growth of Samuel’s customer base has brought problems, as he cannot meet demand because his capital is so low. This means he has to go and buy stock every weekend on a retail basis, and then return and resell this stock. This does not give him enough profit, and that is why a loan is so important for Samuel, as it will allow him to buy a bundle of clothing and shoes for his store. As a result, he will not only be able to satisfy his customers, but also make more profits. He plans to reinvest these profits in expanding his business.
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Samuel est une jeune homme de 30 ans célibataire sans enfant. il est commerçant et a ouvert un prêt à porter qu'il gère dans un quartier de la capitale depuis 7 ans déjà. Son acceuil chaleureux, sa créativité,ses bons conseils vestimentaires et son expérience lui ont valu une clientèle assez importante. la croissance de sa clientèle lui pose un problème parce qu'il n'arrive plus à la satisfaire tout ceci à cause de la petitesse de son capital qui l'oblige à aller au déballage chaque week end pour acheter en détail et revenir vendre. et ça ne rapporte pas assez d'où l'importance de ce crédit pour Samuel qui lui pertttra de s'acheter un ballot de vêtements et de chaussures pour sa boutique. ceci lui permettra de satisfaire non seulement de satisfaire sa clientèle, mais aussi de réaliser plus de bénéfices. Il souhaiterai réinvestir ses bénéfices dans son activité afin de l'agrandir.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,184,725
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Samuel to buy a bundle of clothing and shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 13, 2012
Aug 30, 2012
Currency Exchange Loss:
Aug 17, 2013