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Serges
Serges is a married young man aged 26. Father of a 7-month-old child, he lives in a neighbourhood in the capital. He has had a store in the area for two years, where he sells various items such as mobile phones, chargers, belts, schoolbags, and many other articles. Thanks to his dynamism and competence in the field, he has gained a growing clientele whom he would like to satisfy. For this reason, he is seeking a loan that will allow him to buy telephones, chargers, water-heaters, flashlights, powerstrips, and pocket radios.
The profits from this loan will allow him to increase his capital, expand his store, and better provide for his family.
Serges est un jeune homme de 26 ans marié. Père d'un enfant de 7 mois, il vit dans un quartier de la capital. Il detient une boutique dans un coin de la place où il exerce depuis 02 ans et vend divers accéssoires tesl que: les téléphones prtables, les chargeurs, les ceintures, les sacs de classe et bien d'autres. Grace a son dynamisme et sa compétence dans ce domaine il s'est fait une clientèle grandissante qu'il aimerait continuer de satisfaire. pour cela il sollicite un prêt qui lui permettra dacheter (les téléphones, les chargeurs, les chauffes-eaux, les torches, les multiprises et les radios de poche).
Les bénéfices tirés de ce prêr lui permettront d'augmenter son capital, d'agrandir sa boutique et de mieux subvenir aux besoins 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    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 Serges to buy telephones, chargers, water heaters, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013