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Dieudonné
Dieudonné is a young 26-year-old man, who is engaged to be married and father to a 1-year-old child. He also has a further two other people under his care. He works as a mechanic, and also sells bicycles and spare parts in a neighborhood in the capital, which he has done for the past two years.

Dieudonné’s small business works well, but he lacks the capital he needs to increase his stock of merchandise. This is why he needs this loan, which will allow him to buy four bicycles and spare parts. This will increase his sales and, consequently, his profits, which he will save to reinvest in expanding his business.
View original language description ↓
Dieudonné est un jeune homme de 26 fiancé, père d'un enfant de un an. il a aussi deux autres personnes à sa charge.IL est mécanicien et vend en même temps les vélos et pièces détachés dans un quartier de la capitale depuis 2 ans. Son petit commerce fonctionne mais il manque de capital pour augmenter les stocks de marchandises d'où la necessité de ce crédit qui lui permettra d'acheter 4 vélos et les pièces de rechange. Ceci augmentera ses ventes et donc son bénéfices qu'il épargnera pour réinvestir dans son activité pour 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,173,050
    Funds lent in using Kiva
  • 500.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Dieudonné to buy four bicycles and spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013