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Linus Alphonse
Alphonse is a 37 year old man, married and father to 4 children whose age varies between 5 and 15 years. Three of his children go to school. He opened and has been managing a bar in a neighborhood of the capital for 2 years already. His kindness, his warm welcome and his good relationships have brought him a large clientèle which he has trouble satisfying because of the permanent stock shortages.

He is requesting a loan to increase his stock of merchandise and his revenue in order to satisfy his numerous clientèle. The profits resulting from this loan will allow him to reinvest, diversify his business and ensure his children are able to go to school.
View original language description ↓
Alphonse est un homme âgé de 37 ans,marié et père de 04 enfants dont l' âge varie entre 05 et 15 ans.Trois de ses enfants sont scolarisés.Il est a ouvert et gère un bar dans un quartier de la capitale depuis 02 ans déjà.sa gentillesse, son acceuil chaleureux et ses bonnes relations lui ont valu une grande clientèle qu'il a du mal à satisfaire à cause de la rupture permanente des stocks.Il sollicite un crédit pour augmenter son stock de marchandises et ses revenus afin de satisfaire sa nombreuse clientèle.Les bénéfices issus de ce crédit lui premettront de reinvestir,divertifier son activité et assurer la scolarité de ses enfant.

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
  • 512.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Linus Alphonse to buy approximately 30 cases of drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014