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Hilaire
Hilaire is a young man from Cameroon, age 30. He is married and has no children. He has had a mobile hardware store for about two years now in his village. With this loan, he would like to buy some mechanical keys, lightbulbs, locks, bolts, and electrical cables in order to increase his stock and better serve his increasing customer base. His income allows him to provide for his family's needs. His ambition is to open a hardware store in a stable location in order to start selling cement, which is a product in high demand for hardware stores.
View original language description ↓
Hilaire est un jeune camerounais âgé de 30ans, marié et sans enfant.Comme activité Il a une quincaillerie ambulante depuis deux ans environ dans un quartier de la ville. Il voudrait avec ce crédit acheter des clés mécaniques, des ampoules, les serrures, les verrous et câbles électriques afin de renforcer son stock de marchandises pour pouvoir satisfaire la demande de sa clientèle qui va grandissante.Les revenus générés lui permettront de mieux subvenir aux besoins de sa famille. Il a pour ambition d'ouvrir une quincaillerie stable afin de commencer la vente ciment qui est un produit d'appel pour l'activité de quincaillerie.

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
  • 505.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Hilaire to buy some mechanical keys, lightbulbs, locks, bolts, and electrical cables.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013