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Eric Enah
Eric is a 36-year old man, married and the father of a three-year old child. He manages a bar he had opened in one of the capital city’s district, not far from his home, about two years ago. His business is going well thanks to his friendly welcome and his experience, which allow him to attract a sizeable customer base. However, the growing number of customers makes it difficult for him to meet demand, given his limited capital. This is why this loan is important for his business now as it will allow him to increase the number of beverage cases so as to not only meet demand, but increase his sales and his revenues. He will reinvest part of his revenues in his business, and the remainder will allow him to provide for everyday family needs.
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Eric est un jeune homme de 36 ans,marié,père d'un enfant de 03 ans. Il a ouvert et gère un bar près de son domicile dans un quartier de la capitale depuis 02 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
  • $1,168,400
    Funds lent in using Kiva
  • 520.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Eric Enah to buy cases of beverages.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Sep 7, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014